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.
$
$
%
$
%
$
%
$
$
%
$
$
$
$
$
$
Get Your Results
Enter your info below to receive a savable and shareable version of your results via email.