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jmleaver
04-14-2003, 08:31 PM
Hey guys.. Feeling a little stress. I am trying to figure out a good hourly rate. I am wondering if you guys can help me clarify hourly rate.

As an industry we estimate per man-hour. So correct me if I am wrong, but if I estimate a job to take 8 hours that 8 hours are then divided by the number of guys working?

So it would be for 2 guys it would be 4 hours per each

But then if say my rate were $40.00 per man-hour would my rate be actually $80 per clock hour?

Or would it be 40.00 per clock hour?

So If I am working with them do I charge the same rate even though I am making money off them?

Can you guys help me with this situation...Thanks

kris
04-14-2003, 09:41 PM
Originally posted by jmleaver
So If I am working with them do I charge the same rate even though I am making money off them?

Can you guys help me with this situation...Thanks

Ok, I'm not sure I understand this part of your statement.

In the example you used then yes it would be $80 per clock hour. 2 man hours per hour.

If you were there working also then the 3 of you would be putting in 3 man hours per clock hour or $120 per clock hour.

LawnLad
04-14-2003, 09:48 PM
Time on the clock x number of men x hourly rate.

8:00 am to 11:00 am = 3 hours
x 4 men = 12 man hours
x $40.00 per man hour = $480.00