Labor Rate Calculator

Know what you can afford to pay your technicians
to drive the profit you want.

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.

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