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Home » Understanding Your Effective Labor Rate
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Running a Shop / Labor Rate / Finance

Understanding Your Effective Labor Rate

November 1, 2014
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Effective labor rate is a key indicator for understanding the profitability of your business. The simple calculation tells you what your shop is actually making per billed hour. Improved efficiencies will enable more hours to be billed out in the same amount of time.

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The Secret to Maximizing Effective Labor Rate

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