Resources

Hourly Rate Calculator

Enter your numbers below. Locked fields update automatically from payroll and operating expenses.

Business & Labor Inputs

Enter your current business assumptions. These inputs feed the next steps of your pricing model.

Techs + owner/operator billing for their time in the field (or billable office time).

Updates from payroll wages and your technician and hours settings.

Updates from your payroll tax and contribution entries below.

Enter as a whole percent (e.g. 30 for 30%).

Results

Live

Calculated from labor assumptions, overhead, billable hours, and target margin.

Labor cost per billable hour$0.00
Overhead cost per billable hour$0.00
True cost per billable hour$0.00
Recommended hourly rateFill in the fields to see your recommended rate.
Difference vs. current rate$0.00
Estimated revenue left on table / year$0.00

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Annual Overhead

Enter annual operating overhead and optional direct job costs used in hourly rate calculations.

Total annual overhead used in hourly rate$0.00

Overhead categories, miscellaneous lines, and optional job costs when enabled.

Billable Hours

Define technician availability and non-billable time assumptions.

Default full-time hours.

Default days not worked.

Default paid holidays.

Default sick days per year.

Default safety / licensing / meetings.

Driving, callbacks, estimates, meetings (default 40% for service contractors).

Billable hours per technician0.0
Total billable hours (all technicians)0.0

Used to spread overhead and estimate annual revenue impact.

Detailed P&L Expense Inputs

Use the example numbers below or replace them with your own P&L expense amounts. Income lines are excluded.

Direct Job Costs / COGS (normally excluded from hourly overhead)

Total Direct Job Costs$0.00

Payroll Details (these feed the labor inputs above)

Total Payroll Detail$0.00

Operating Expenses

Total Operating Expenses$0.00

Include Direct Job Costs in hourly overhead?

Operating overhead used in hourly rate$0.00

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Please fill in the fields to get a proper recommended hourly rate.