The Resource Rate Calculator is an industry calculator designed to simply and easily calculate resource rates such as head hour rates, annual salaries, overhead & profit markup and annual billable hours.
In fact the Resource Rate Calculator is four calculators in one:
- Overhead cost and profit multiples – what factor must you multiply the direct salary cost by to cover the business overhead and profit
- Annual Billable hours – how many billable hours are there in a year after annual leave, public holidays and sick-leave
- Annual salary – based on the hourly rate what is the person’s annual salary
- Hourly rate – convert annual salary to hourly rate