Labor Rate Engine
Know What You Actually Need to Charge.
Your electrical labor rate shouldn't be a guess. Understand your labor costs, overhead and profit requirements before setting your price.
- Field wage
- Payroll burden built from your line items
- Company overhead built from your line items
- Billable hours per tech
- Target net profit
- Required hourly rate
A billable hour has to cover the wage, the burden on that wage, the share of overhead that hour is responsible for, and the profit the company needs to survive a slow quarter. Miss one layer and the rate looks competitive while quietly losing money.
The Labor Rate Engine builds the rate from those inputs so you can see exactly which assumption is driving your price.
What it accounts for
- Field wage
- Payroll burden calculated from payroll taxes, unemployment, workers' compensation and benefits — or entered directly if you already know it
- Paid hours vs billable hours (utilization)
- Number of billable field employees
- Company overhead built from vehicles, insurance, rent, software, marketing and admin payroll — or entered directly — then recovered per billable hour
- Target profit margin
Get the Engine
Labor Rate Engine — $97 one time
Save up to 5 named rate scenarios, run up to 3 rates, compare two side by side, and export a PDF rate sheet. One payment, not a subscription. 14-day refund.
$97 is a one-time purchase, not a subscription, with a 14-day refund policy. After payment you'll get an email access link — no password to create. Already purchased? Sign in to your Engine.
Interactive tool
Start with the free labor rate calculator
The free calculator models wages, burden, billable hours, overhead and target margin. The Labor Rate Engine adds scenario modeling on top of it.
Frequently asked questions
Then fix what the rate exposes.
Contractor Core turns pricing, operations and staffing gaps into a prioritized 90-day plan.