The Charge-Out Rate Calculator
Work out what you need to charge per hour to cover your wages, your overheads and the profit you want. A rate for each person, and an average for the business.
What's in the file
- Your working weeks worked out from leave, public holidays and days off
- Up to six people, each with their own pay, hours and billable time
- An overheads list with weekly, monthly or yearly amounts turned into a yearly cost
- A charge-out rate for each person, ex and inc GST
- The sales you need each year and each week to hit your profit
- The markup needed on wages-only labour cost, so you don't confuse markup with margin
Using it
Enter your people
Put in annual pay, hours a week and the share of time you can actually bill. Include a wage for yourself.
List your overheads
Vehicle, insurance, phone, accounting and the rest. Pick how often you pay each one.
Read your rates
Choose your profit and see each person's charge-out rate per hour.
The numbers in the file are a made-up example. It's a calculation aid, not tax or financial advice. Check super and other on-costs with your accountant.
Get the calculator
Your calculator is ready
Start by replacing the example people and overheads with your own.
Want it linked to your quotes? In the Starter Kit it checks your labour rate and markup against your overheads, then flows into the Calculator, quote, claims and job costing.
See the Starter Kit