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Employee Details

$
hrs
wks

50 weeks = 2 weeks PTO / holidays

%

Typical: 12–14% (FICA 7.65% + state unemployment)

$
$
$
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Why Your Billing Rate Must Be Much Higher Than Your Wage

Most contractors make the mistake of setting their billing rate based on wage alone. If you pay a tech $25/hour and bill at $50/hour, you're not making $25/hour in profit — you may be losing money. The true cost of an employee is typically 1.4–1.7× their wage before any overhead or profit is applied.

Here's a rough breakdown of what employer costs add on top of a $25/hour wage:

Then add overhead (insurance, office, marketing — typically 20–30% of revenue) and desired net profit (10–20%), and your billing rate for a $25/hour tech should be $65–$90/hour, not $50/hour.

Employee Cost FAQ

What is the typical burden rate for a field technician?

The burden rate (total cost ÷ base wage) for field technicians typically runs 1.35–1.60×. A tech earning $25/hour typically costs $34–$40/hour all-in before overhead. Higher in trades with high workers comp classifications (roofing, excavation) or if providing employer-paid health insurance.

What FICA rate should I use for payroll taxes?

Employer FICA is 7.65% (6.2% Social Security + 1.45% Medicare). Add FUTA (0.6% on first $7,000 of wages) and your state's SUTA rate (typically 1–4%) for a total employer payroll tax burden of 9–12%. Use 12.5% as a safe starting estimate.

Should I include a vehicle allowance for techs who use their own vehicles?

Yes — if techs use personal vehicles, the IRS standard mileage rate (67 cents/mile in 2024) or a monthly vehicle allowance should be included in your cost model. High-mileage techs driving 20,000+ miles/year represent $13,400+ in vehicle expense at the standard rate.