Labor Costs Estimating Sheet Download

 

Labor cost estimating is one of the most difficult costs to predict in an estimate. Basically, it’s determined by calculating the hours required to complete a task or project, and then charging what it costs your business to compensate its field employees. But trying to predict the time required to complete a task or a project, especially if someone other than you will do the work, requires judgment and experience.

 

You can get unit costs for labor from a cost estimate book, but you have to be careful. The numbers in the book are unlikely to accurately reflect your own hard costs, even if you apply the regional adjustment factors provided. Your labor charges must reflect your company’s actual expenses.

 

 

Consider that, if you pay each of your employees for 2,000 hours each year, and you fail to account for a couple of dollars per employee per hour, your loss could quickly become significant. Because no other company is exactly like yours, it’s important to know precisely how much it costs your company to do business.

 

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http://www.allbookez.com/pdf/m6baf/