Resource Rate Calculator

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.

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 Android 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.
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Free
57
2.9
User ratings
7
Installs
100+
Concerns
0
File size
393 kb
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About 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.

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 Android 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.

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Android Market Comments
A Google User
May 15, 2014
Works fine! Click menu on ur phone and The calculate button will show up.
A Google User
Feb 28, 2014
Does not work on Android This app came highly recommended to me from a colleague but what a shame this doesn't work on Android. It has potential to be a really useful tool if this could be fixed.
A Google User
Feb 7, 2014
Nice app Good one
A Google User
Aug 28, 2013
Doesn't work for Androids The app looks good, but there is no calculate button. So it's no good for Android. Please make it available for all phones.