Labor Rate Calculator for Service
Build a cleaner, more defensible hourly labor rate by accounting for technician pay, benefits, lost time, vehicle expense, overhead, and target profit. The page updates instantly so you can explore scenarios without losing the logic that already works.
Instructions & Notes
This calculator helps you estimate the lowest hourly labor rate you should consider charging for service work based on labor burden, lost time, vehicle expense, department overhead, and target profit.
- Use your highest paid technician’s straight wage for Technician Pay Per Standard Hour.
- Billable hours are reduced by paid time off and non-billable work, so they are often far lower than total paid hours.
- If you are unsure about vehicle cost, use a conservative estimate such as $1.00 per mile until you can replace it with your own numbers.
- You may need to charge more to make up for lower-priced travel and diagnostic fees.
- You will need to charge more to make up for service agreements or other discounts.
- The final labor markup can be used as a pricing multiplier or as a reasonableness check against your current labor pricing.