LABOR RATE CALCULATOR
Pay your technicians right.
Drive the profit you want.
A well-set labor rate helps you price services accurately, cover costs, pay technicians fairly, and run a profitable shop.
Labor Rate Calculator
Using data from your P&L or shop management report:
1. Enter your Gross Revenue.
2. Enter Parts Revenue, Labor Revenue, and Parts Gross Profit (on parts sales) percentages.
3. Enter Turn Key Dollars – this is your overhead costs, or all other costs aside from parts and labor costs of goods.
4. Finally, enter your Desired Net Profit – this is your goal profit percentage and will ultimately dictate your labor rate.
Get Your Results in Your Inbox
Your labor rate is calculated! Now, email yourself a full breakdown.
Why Email Your Results?
✔ Save a copy for easy access anytime
✔ Share with your team or accountant for review
✔ Track your labor rate over time to monitor changes and adjustments