$60 per hour for one man and a truck is less than break even if you are doing things legit IMO. Thena gain myabe insurance isn't the same there as it is here.
here is how I look at it.
1 man X 20 an hour.
+ $8.40 for WC
+ $3.8 GL
+ $2 FUDA SUCA FICA
---------------
=34.2 per hour burden break even.
x8 hour day
---------------
$273.60 per day burden break even.
+$150 per day truck operation fees, wear and tear, vehicle insurance, per NRCA guidelines.
+100 per day tools, equipment, ladders, back office support, etc...
---------------
= $523.60
x 20 % sales rep commission and share holder profit
----------------
=628.32
/ 8 hour days
----------------
=78.54 per hour
I rounded up to $80 and charge that, and with today's current gas prices I have added a $5 fee per job for fuel surcharge. I will remove that fee when oil goes down again.
Plumbers and electricians in my area charge $80-95 per hour and their insurance is no where near as high as ours. When someone balks at the price, and there are plenty who do, I explain that aplumber or electricin will cost as much if not more and they aren't dealing with the heights we are.
One other thing to note, I do not charge port to port. I only charge for time spent on site, and I DO mark up my materials at least 20% if not more. I do also charge for the time it takes to pickup the materials if we don't have what we need on the truck.
We also have a minimum of 2 man hours, no matter if it's a 45 minute job.
For service work I am definetly on the upper end of the hourly scale, unless you compare me to a union company who will bill out easy at $120 an hour.
here is how I look at it.
1 man X 20 an hour.
+ $8.40 for WC
+ $3.8 GL
+ $2 FUDA SUCA FICA
---------------
=34.2 per hour burden break even.
x8 hour day
---------------
$273.60 per day burden break even.
+$150 per day truck operation fees, wear and tear, vehicle insurance, per NRCA guidelines.
+100 per day tools, equipment, ladders, back office support, etc...
---------------
= $523.60
x 20 % sales rep commission and share holder profit
----------------
=628.32
/ 8 hour days
----------------
=78.54 per hour
I rounded up to $80 and charge that, and with today's current gas prices I have added a $5 fee per job for fuel surcharge. I will remove that fee when oil goes down again.
Plumbers and electricians in my area charge $80-95 per hour and their insurance is no where near as high as ours. When someone balks at the price, and there are plenty who do, I explain that aplumber or electricin will cost as much if not more and they aren't dealing with the heights we are.
One other thing to note, I do not charge port to port. I only charge for time spent on site, and I DO mark up my materials at least 20% if not more. I do also charge for the time it takes to pickup the materials if we don't have what we need on the truck.
We also have a minimum of 2 man hours, no matter if it's a 45 minute job.
For service work I am definetly on the upper end of the hourly scale, unless you compare me to a union company who will bill out easy at $120 an hour.