Step 1

Establishing Hourly Composite Pay Rates

1.1

Add Up the Hourly Rate for all Staff and Divide the Number of Employees

Per Hr

1.2

Resulting Average Annual Actual Income (Including Tax)

Per Yr

Step 2

Calculation To Establish The Productive Hours (Or Hours Worked), Per Person, Per Year

2.1

Number of Days Per Year

365

 Days

2.2

Deduct Saturdays & Sundays

 Days

2.3

Equals Ordinary Days Available Per Year

260

 Days

2.4

Deduct Annual Leave

 Days

2.5

Deduct Public Holidays

 11

 Days

2.6

Deduct Sick Leave

 6

 Days

2.7

Equals, Days To Be Deducted

37

 Days

2.8

Equals Total Days at Work Per Year

223

 Days

2.9

Multiply by Hours Worked Per Day

 Hours

2.10

Equals Hours At Work Per Year

0

 Hours

2.11

Deduct Rest Pauses Per 8 Hour Day @ 2  times 10 Minutes Each

0

 Hours

2.12

Equals Hours Worked PA (Less Rest Pauses)

0

 Hours

2.13

Select Your Estimate of Productive Time as a % of Time at Work

%

2.14

Equals The Total Actual Hours Worked Per Year

0

 Hours

Step 3

Calculation Of Total Composite Cost To Employ a Person Per Year

3.1

Annual Salary (Including Tax) from Step One Above

$ 0

PLUS Statutory Costs

3.2

Add Long Service @1% Of Wage

$ 0

3.3

Add ACC Levy @ $1.69/$100

$ 0

3.4

Add ACC Residual Levy @ $1.00/$100.00

$ 0

3.5

Add ACC Health And Safety In Employment Levy @ $0.05/$100.00

$ 0

3.6

Equals Total Composite Cost To Employ Each Person Per Year

$ 0

Step 4

Loaded Hourly Composite Cost Calculation

4.1

Take the Total Composite Cost to Employ Each Person Per Year (3.6 Above)

$ 0

4.2

Divide that by the Actual Hours Worked Per Year (2.14 Above)

0

 Hours

4.3

Equals Composite Loaded Hourly  Rate Per Hour

$ 0

Total Overhead Per Month

Total Overhead Per Annum

Total Number of Staff

RESULT

Composite Loaded Hourly  Rate Per Hour

$ 0

Add, Minimum Overhead Amount (total overhead divided by number of staff)

$ 0

Equals Minimum Recovery Rate Per Hour (before profit)

$ 0