Mercury's Vacancy position type definitions are as follows.
Permanent
No tricks here! This is exactly what is expected. A permanent job working for one of your clients.
Retained Permanent Roles
These will be captured as Permanent Roles. There is a toggle below where the Vacancy Type is selected named Retained.
Toggle this to Yes. This will make is clear to see it is a Retained role and be easy for reporting.
TIP: If staged fees are being applied, select Fee Based On: Staged.
If you are using Agreements as a business, add the staged fees to an Agreement. It is much easier, as this will then pull through the fee percentages on every new Vacancy you create.
If Agreements are not being used, after selecting Staged fees, the below box will appear:
Each stage can be added as an additional fee. These can then be managed in the Fees menu. Please see our Help guidance on Fees and how to manage these.
Contract
In Mercury, this means Non-PAYE and that the Contractor is working as a Limited Company.
Temporary
This leaves us with PAYE.
The reason we make the distinction between PAYE and Non-PAYE is to make it easier for reporting purposes.
Fixed Term Contract (FTC)
We recommend that for FTC roles, Permanent is used. For reporting purposes, to be able to distinguish Permanent from FTC, we recommend using the Vacancy Type field with the drop-down of FTC:
The Fee Based On field can then have a fixed amount entered for the pro-rata fee.
The financial calculations would then be accurate.
NOTE: There is no way to run an extension on a Permanent Placement. A new vacancy and placement would need to be created if there is an extension. We recommend you go to the original vacancy and use the Clone button on the menu.