Skilled Trades Recruitment
We understand how difficult it is to attract, hire and retain staff.
Let us do the heavy lifting.
SKILLED TRADE VACANCY COST ESTIMATOR
Adjust the sliders to set rates that fit your shop. Experiment a little to see how costs vary based on your technician's efficiency and the pay rate you choose.
Note - The calculator assumes a yearly schedule of 50 working weeks.
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Your Revenue Per Year is
$151,500
Employee Cost
$79,200
Recruitment Fee
$13,200
Service Profit/Week
$1,446
Service Profit/Year
$72,300
Charge Out Rate - The hourly labor rate you charge your customers.
Skilled Trades Hourly Rate - Hourly wage that is paid to your Technician.
Employee Burden Rate - Additional employment costs beyond the hourly wage, such as benefits and insurance.
Skilled Trades Efficiency Rate - The average billable hours for a technician, with 8 hours billed in an 8-hour shift has 100% efficiency.
Employee Recruitment Fees - Recruitment fee ranging from 15% to 30% of the total annual employee cost.