Man Hours /+ Profit & Overhead

Marsh

Question to all????

We do know are overhead/ profit ect... We do not have a way to really caculate man hours over a calander year w/ weather, work, ect... We do currently price our work by materials, piece work, + overhead and profit ( which is a combined %). Works really well for most part.

Sometimes we would like to price something per man hr and trying to come up w/ easy and profitable way of doing so.

So if, we pay a man $20.00 per hr and w/ payroll taxes, bwc, ect... is 25% on top of that, and are profit and over head come to 30% of gross income???????????

Also what is the average percentage of what you pay on top of the rate of EMPLOYEE to cover payroll taxes, bwc, ins ( not health),unemployment Ins, ect.. Just straight up liabilities

And yes i do know they differ but average?

rbsremodeling

It usually averages out to be 3 times the rate of the employee

If he cost you 30 bucks with tax etc he is billed out at 90 bucks an hour

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Chris Johnson

Yes, go 3x the rate in which you pay the employee, that covers everything.

If the job is a large one I can cut it to 2.5x the rate. But that also depends on what you do as well. i.e. for me a 1000 sq.ft. slab I need 3x to make it work, if the slab exceeds 5000 sq.ft. I can make it work on 2.5x.

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Chris