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 26353 - Understanding Labor Cost, Productivity and Efficiency for Service Companies $25.00   
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Presenter: Leslie Shiner

Format: Download MP4 video of presentation slides and audio

Do you really know how much it costs to do the work that you do? First you create estimates to sell jobs and then you must track the costs of the jobs to know if you made a profit. You should be able to compare these on an apples-to-apples basis. This session will also help you determine the cost of your field labor, including an adjustment for labor efficiency, so you can price jobs correctly.

Upon completing this program, the participant should be able to:
1.?? ?Determine all costs that should be included in a fully burdened labor rate
2.?? ?Uncover direct job costs hiding in your overhead costs
3.?? ?Learn how to utilize this information to determine your billing rates

 






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