Search Close Menu

Tag Search Result

Labor Rates

Indirect vs. Direct Labor: How to Hit the Magic 70%

Direct labor can be summed up as time on task, or any time spent doing a specific task or repair. The work order is open, and as soon as the technician clocks in to perform preventive maintenance, for example, that counts as direct labor. The issue of monitoring and managing indirect labor costs is important because time is so important to fleet management.

How to Develop an Accurate Shop Rate

Setting shop rates can be a delicate balancing act between charging prices adequate enough to cover shop expenses while remaining competative with local competition. The process requires careful data analysis and computation.