Labor Pricing Fundamentals

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Contractor Academy

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Proper labor pricing is the cornerstone to any company’s profitability. Without proper pricing, nothing else matters. This fundamental level course will walk you through what goes into your labor rate and how to determine what you need to charge in order to cover your full cost of operation, pay yourself, and generate the profit you are looking for. As you progress through this course, you will be completing the pricing worksheet to calculate your required pricing.

Course Content

Lesson 1: Foundations
Lesson 2: Equipment Replacement Costs
Lesson 3: Equipment Replacement Costs Impact on Labor Pricing
Lesson 4: Field Labor
Lesson 5: Cost of Non-Billable Time
Lesson 6: Indirect Labor
Lesson 7: Materials & Subcontractors
Lesson 8: Fixed Overhead
Lesson 9: Variable Overhead
Lesson 10: Company Matching Taxes
Lesson 11: Net Profit & Final Labor Rate
Lesson 12: I Can’t Charge That Much!
Lesson 13: What If?

Current Status

Not Enrolled

Price

Contractor Academy

Get Started

Course Content

Lesson 1: Foundations
Lesson 2: Equipment Replacement Costs
Lesson 3: Equipment Replacement Costs Impact on Labor Pricing
Lesson 4: Field Labor
Lesson 5: Cost of Non-Billable Time
Lesson 6: Indirect Labor
Lesson 7: Materials & Subcontractors
Lesson 8: Fixed Overhead
Lesson 9: Variable Overhead
Lesson 10: Company Matching Taxes
Lesson 11: Net Profit & Final Labor Rate
Lesson 12: I Can’t Charge That Much!
Lesson 13: What If?