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Hourly Rate Calculator

Find the billable hourly rate needed to cover labor, overhead, and target profit.

How this calculator works

Required rate = (loaded labor + overhead) ÷ (1 − target margin).

Assumptions to review

  • Loaded labor includes wages and employer-paid burden.
  • Overhead is allocated only across realistic billable hours.

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Quick answers

How does the hourly rate calculator work?
It applies the formula and assumptions shown on the page to your bounded inputs. Results are planning estimates, not guarantees.