It is critical that you include all employee costs when you begin figuring out how much an employee is actually going to cost you or when you are calculating how much to charge per hour for employee services.
I have created an interactive spreadsheet you can use to calculate the labor burden for a specific employee, or for a certain wage level. You can download it for free using the link at the bottom of this page.
Why you should pay attention to Labor Burden
Source: Victoria Downing, president of Remodelers Advantage |
How to calculate your actual Labor Burden
Source: Sal Alfano, executive editor at Professional Remodeler |
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