Forecasted Revenue gives you a pipeline-level estimate of the revenue a job could generate, based on how likely you are to fill it and how much you'd earn if you do. It shows up on the Jobs page for any Contingent job with the right fields filled in.
The Formula
Forecasted Revenue = Fill Probability × Number of Openings × Expected Fee
Here's what each variable means:
Fill Probability — your confidence that this job will result in a placement, expressed as a percentage (e.g., 70%). You set this at the job level.
Number of Openings — how many positions are open for this job. Set in the job details.
Expected Fee — the placement fee you'd earn per hire, calculated from the candidate's expected salary and your commission percentage.
Practical Example
You have a Contingent job for a Senior Engineer. The client wants to hire 2 people. Your expected fee per placement is $20,000, and you've set the fill probability at 60%.
Forecasted Revenue = 0.60 × 2 × $20,000 = $24,000
That $24,000 shows up on your Jobs page as this job's contribution to your revenue pipeline.