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Take your average cost of labor (techs wage plus any benefits i.e. insurance, 401k, uniforms, anything you spend on your employees). Modern relatively good companies are in the 42 to 44 dollar range for cost of labor. A good profit margin on labor is 55 to 65%. So if your company is within these boundaries your labor rate should be approaching 100.00 per hour. This also leaves you room to wheel and deal on any quoted work and still make descent profit in these tough times.
  • Posted 1 May 2009 03:58
  • By bigGlittlestar
  • joined 12 Aug'08 - 139 messages
  • United States

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Hangcha CPYD30XH21F
Flesherton, Ontario, Canada
New - Sale
UN Forklift FGL25T
HANGZHOU, Zhejiang, China
New - Sale

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.
Movers & Shakers
Andries Retief Andries Retief
Chief development officer, DHL
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CEO, TVH
Sales and operations director, Logitrans A/S

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.
Movers & Shakers
Andries Retief Andries Retief
Chief development officer, DHL
Director, ICHCA Australia
CEO, TVH
Sales and operations director, Logitrans A/S
Hangcha CPYD30XH21F
Flesherton, Ontario, Canada
New - Sale
UN Forklift FGL25T
HANGZHOU, Zhejiang, China
New - Sale

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.
Fact of the week
At the opening ceremony of the Sydney Harbour Bridge in 1932, marching bands were instructed to walk out of step as they crossed the bridge. This unusual directive was given as a precaution due to concerns about the bridge's structural integrity during its early use.