Are you counting the real costs for your employees?
The national average hourly wage for janitors is $13. The true cost can be 15% higher with payroll taxes and workers' comp. Now you're at $15 an hour.
Which number are you using when you bid on a job contract? The actual cost is the loaded pay rate, the number you need to track.
Loaded Pay Rates
A loaded pay rate is your total labor cost for an employee. It includes all of the costs associated with an employee:
base rate +
payroll taxes (7.65%) +
workers' comp +
benefits.
You'll want to use loaded pay rates for job costing. Otherwise, you don't have an accurate reflection of your true job costs. You can do that in Chronotek.
Go to settings ⚙️
Payroll
Labor overhead, toggle on
Check the box and insert your loaded pay rate, save
Now you can see the actual costs for each job.
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