You are using an outdated browser. Please upgrade your browser to improve your experience.
Resource Rate Calculator

The Resource Rate Calculator is an industry calculator designed to simply and easily calculate resource rates such as head hour rates, annual salaries, overhead & profit markup and annual billable hours

The Resource Rate Calculator is an industry calculator designed to simply and easily calculate resource rates such as head hour rates, annual salaries, overhead & profit markup and annual billable hours

Resource Rate Calculator

by LOMAH Studios Pty Ltd
Resource Rate Calculator
Resource Rate Calculator
Resource Rate Calculator

What is it about?

The Resource Rate Calculator is an industry calculator designed to simply and easily calculate resource rates such as head hour rates, annual salaries, overhead & profit markup and annual billable hours.

Resource Rate Calculator

App Details

Version
2.0
Rating
NA
Size
12Mb
Genre
Business Finance
Last updated
November 27, 2018
Release date
August 23, 2011
More info

App Screenshots

Resource Rate Calculator screenshot-0
Resource Rate Calculator screenshot-1
Resource Rate Calculator screenshot-2
Resource Rate Calculator screenshot-3
Resource Rate Calculator screenshot-4
Resource Rate Calculator screenshot-5

App Store Description

The Resource Rate Calculator is an industry calculator designed to simply and easily calculate resource rates such as head hour rates, annual salaries, overhead & profit markup and annual billable hours.

In fact the Resource Rate Calculator is four calculators in one:

1. Overhead cost and profit multiples - what factor must you multiply the direct salary cost by to cover the business overhead and profit

2. Annual Billable hours - how many billable hours are there in a year after annual leave, public holidays and sick-leave

3. Annual salary - based on the hourly rate what is the person's annual salary

4. Hourly rate – convert annual salary to hourly rate

Calculating head hour rates can be complex and confusing for marketers, procurement and even agencies themselves. There are so many variables such as:

1. Overhead cost and Profit Mark Ups
a. Mark Up or Margin
b. Direct versus In-Direct Salaries
c. Profit on Overhead and Salary Costs

2. Billable Hours Per Year
a. Annual Leave
b. Sick Leave
c. Public Holidays
d. Hours per week
e. Non-billable time

The TrinityP3 Resource Rate Calculator iPhone app has all of the market variables to allow the application to be used in all the major global markets including:

1. Multiple Currencies eg. Dollars, Euros, Pounds, Yuan, Yen, Rand, Peso, Won and more.

2. Billable Hours Per Year based on common local variables

3. Overhead and Profit Multiples based on business metrics

Marketers can use the TrinityP3 Resource Rate Calculator to calculate the underlying salaries behind their agency's head hour rates.

Agency Account Management can use the TrinityP3 Resource Rate Calculator to calculate agency resources rates from their salary costs using the agreed or contracted overhead and profit multiple.

Procurement can calculate billable hours per year for various markets and see how increasing and decreasing the number of billable hours impacts on the head hour rate.

Disclaimer:
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to [email protected] and your information will be removed.