Fully Burdened Labor Rate Calculator

Calculate Fully Burdened Labor Rate









Formula

To calculate the Fully Burdened Labor Rate (\(FBLR\)):

\[ FBLR = BR \times (1 + FB + OH + GA + P) \]

Where:

What is a Fully Burdened Labor Rate?

The fully burdened labor rate is the total hourly cost to employ a worker, including the base hourly wage plus all associated costs such as fringe benefits, overhead, general and administrative expenses, and profit. This rate is often used in project costing, budgeting, and pricing to ensure all labor-related expenses are accounted for.

Example Calculation 1

Let's assume the following values:

Using the formula:

\[ FBLR = 20 \times (1 + 0.10 + 0.15 + 0.05 + 0.10) = 20 \times 1.40 = 28 \]

The Fully Burdened Labor Rate is $28.

Example Calculation 2

Let's assume the following values:

Using the formula:

\[ FBLR = 25 \times (1 + 0.12 + 0.18 + 0.07 + 0.15) = 25 \times 1.52 = 38 \]

The Fully Burdened Labor Rate is $38.