Labour Rate Calculator

With employing people in business there is a cost of the labour.  

When the services provided to customers the labour hours that a person is paid will be different when compared to the labour hours that a person gets paid for work.  

The calculations for this get very complicated very quickly. 

To assist with the labour rate calculation, I have created a labour rate calculator that takes the raw cost of labour, adds oncosts then takes the time paid less the time that will not be worked due to holidays, sick leave, public holidays and other entitlements and calculates a productive rate for the cost.  

The spreadsheet provides a detailed calculation for labour rates.