Labor Burden Calculation for Construction Contractors (Basic)

Calculating and demonstrating the true full cost of labor is critical to a construction contractor's ability to estimate and budget accurately as well as a key to success in pricing change orders. The term 'Labor Burden' is also one of the most misunderstood and misused terms in the construction industry. This short presentation takes you through the calculations that would go into a relatively simple, non-union employee. Understanding the different things that could be included in 'Labor Burden' will allow you to compare rates against other companies, against rates required by certain contracts, etc. Learn more at: https://dbmteam.com/ To receive a copy of the worksheet, ask questions or comments: [email protected]