INTERACTIVE BUSINESS TOOLS // CALCULATOR 02
Minimum Billable Hourly Rate Calculator
Estimate a minimum billable rate from burdened labor, overhead per billable hour, and target gross margin.
Minimum billable hourly rate—
Cost before target margin—
Calculation method
Minimum rate = (burdened labor + overhead per billable hour) ÷ (1 − target gross margin).
Minimum rate = (burdened labor + overhead per billable hour) ÷ (1 − target gross margin).
Planning boundaryThis free calculator provides an estimate from the values entered. Confirm definitions and decisions with your accounting, tax, legal, insurance, payroll, financial, or other qualified advisers as appropriate.