Template · Bidding
Loaded labor rate estimator
Estimate a loaded hourly labor rate from base pay, entered burden percentage, fixed hourly benefits, and productive hours.
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XLSXCSVODSXMLNumbers| Loaded labor rate estimator | ||||||
| Example data — replace the blue input cells with your own. | ||||||
| Estimate a loaded hourly labor rate from base pay, entered burden percentage, fixed hourly benefits, and productive hours. | ||||||
| Populated records | 3 | |||||
| Total labor cost (USD) | $7,404.00 | |||||
| 60 record rows. Blue cells are inputs; dark cells calculate. | ||||||
| Trade | Base USD per hour | Burden percentage | Benefits USD per hour | Productive hours | Loaded USD per hour | Labor cost (USD) |
| Example installer | $30.00 | 25.0% | $7.00 | 80.0000 | $44.50 | $3,560.00 |
| Example operator | $35.00 | 30.0% | $5.00 | 40.0000 | $50.50 | $2,020.00 |
| Example helper | $22.00 | 20.0% | $4.00 | 60.0000 | $30.40 | $1,824.00 |
Showing the first 16 of 72 rows and 7 of 7 columns. Cells with formulas show the formula on hover.
| Loaded labor rate estimator | |||
| Method, inputs, and limits for this workbook. | |||
| What it does | |||
| Estimate a loaded hourly labor rate from base pay, entered burden percentage, fixed hourly benefits, and productive hours. | |||
| How to use it | |||
| Replace the fictional records in blue cells with your own data. Keep the dark formula cells. Use the units stated in the column headers and keep each record on one row. Read the calculated columns and inspect the results before using them.… | |||
| Formulas and method | |||
| Loaded hourly cost equals base rate times one plus burden percentage, plus hourly benefits. Estimated labor cost multiplies that rate by productive hours. | |||
| Assumptions and limits | |||
| Burden percentages are fictional examples and must be replaced. Paid nonproductive time, overtime, union rules, and statutory obligations require a separate basis if relevant. | |||
| Missing numeric inputs |
Showing the first 16 of 72 rows and 4 of 4 columns. Cells with formulas show the formula on hover.
What does this template do?
Estimate a loaded hourly labor rate from base pay, entered burden percentage, fixed hourly benefits, and productive hours.
Loaded hourly cost equals base rate times one plus burden percentage, plus hourly benefits. Estimated labor cost multiplies that rate by productive hours.
Burden percentages are fictional examples and must be replaced. Paid nonproductive time, overtime, union rules, and statutory obligations require a separate basis if relevant.
The working tab keeps editable inputs separate from formulas, with room for 60 records. The Notes tab explains the method and how to extend the range. All example records are fictional and can be replaced. Download a workbook format to retain formulas, or CSV when you need calculated values only.
What’s inside
- Loaded hourly cost equals base rate times one plus burden percentage, plus hourly benefits. Estimated labor cost multiplies that rate by productive hours.
- 60 prepared record rows with blank-row guards
- Blue input cells, typed dates and numbers, and frozen column headers
- Notes with the method, assumptions, and range-extension instructions
Which tabs does the workbook have?
| Tab | What it holds |
|---|---|
| Worksheet | Estimate a loaded hourly labor rate from base pay, entered burden percentage, fixed hourly benefits, and productive hours. |
| Notes | How to use the workbook, formula method, assumptions, and file format limits. |
What formulas does this template use?
This template holds 122 formulas in 168 cells across 2 tabs, so 73% of its cells calculate. They use 5 distinct functions; the longest formula is 106 characters.
| Function | Uses | What it does |
|---|---|---|
IF | 241 | one result when a test is true, another when false |
COUNT | 120 | counts numeric cells |
COUNTIF | 2 | counts cells meeting one condition |
COUNTA | 1 | counts non-empty cells |
SUM | 1 | adds numbers |
Counted from the workbook itself. Only functions that Excel, LibreOffice Calc, Google Sheets and Apple Numbers evaluate the same way are used, so the formulas survive every download format.
How do you use it?
- Replace the fictional records in blue cells with your own data. Keep the dark formula cells.
- Use the units stated in the column headers and keep each record on one row.
- Read the calculated columns and inspect the results before using them. Clear unused input rows; keep their formulas.
- The prepared range holds 60 records in rows 11–70. Extend formulas and summary ranges together if you add more rows.
What is it good for?
- Estimate a loaded hourly labor rate from base pay, entered burden percentage, fixed hourly benefits, and productive hours
- Replacing the labeled fictional records with your own figures
- Checking a calculation before adapting it to a larger workbook
Questions about this sheet
How is the result calculated?
Loaded hourly cost equals base rate times one plus burden percentage, plus hourly benefits. Estimated labor cost multiplies that rate by productive hours.
What assumptions should I check?
Burden percentages are fictional examples and must be replaced. Paid nonproductive time, overtime, union rules, and statutory obligations require a separate basis if relevant.
Can I add more than 60 records?
Yes. Copy the formula columns into new rows and extend every summary range to include them. Keep inputs and formulas in their original columns.
Are the example records real?
No. All example data is fictional and intended to demonstrate the formulas. Replace it before using the workbook for your own work.