labor rates

Hourly service charges

Labor rates are the hourly or per-unit costs charged for work performed, typically by skilled tradespeople, contractors, or service providers.

An auto mechanic's labor rate might be separate from parts costs: The shop charges eighty dollars an hour in labor rates.

Labor rates vary by trade, region, and expertise level, and are often the largest component of service bills.

Related

pay scale · payroll · compensation · union · union dues · contractor · billing · freelance · skilled · unskilled · tradesman · timesheet · time and a half · prevailing wage · journeyman · apprentice · benchmark · markup

Categories
Opposites
cost component type

labor ratesmaterial costs

Spending on raw inputs

overhead costs · supply costs · fixed costs · shipping costs · hardware costs

price level

labor ratesvolunteer labor

Work done without pay

unpaid work · pro bono services · premium rates · pro bono work · zero cost

Family

labor, rates, labors, labored, laboring, laborer, laborers, laborious, laboriously

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G