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HOW MUCH DO YOUR EMPLOYEES REALLY COST?

Cost Free
Presentation Length 1.0 hour

Recorded DateSeptember 20, 2017
CPE:Not available
(archived webinars do not offer CPE credits)
Course LevelBasic
Course Description

Any company that utilizes a labor force to produce goods or services needs to know how much that labor really costs. It is crucial for business owners and managers to understand and measure the true costs of paying in-house employees. However, it is even more important to measure and track the costs of sending an employee out in the field. This session will teach you how to determine the true cost of your labor and develop labor metrics to manage profitability.

Learning Objectives

  • Determine all costs that should be included in a fully burdened labor rate.

  • Uncover direct labor costs hiding as overhead.

  • Learn how to utilize this information to determine your billing rates.

  • Discover how to measure and track labor utilization and use that metric to improve profitability.

PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Shiner group1

Leslie Shiner—author, speaker, and trainer—has more than twenty-five years’ experience as a financial and management consultant. She is the owner of The ShinerGroup, a consulting firm providing top-level financial and management consulting helping businesses maximize profits and gain financial control.  As a business coach, she has worked with both small and large businesses to help them better understand their business practices and maximize their profits

Ms. Shiner firmly believes training and education is instrumental in the growth and success of any business. She is the author of numerous publications including “A Simple Guide to Turning a Profit as a Contractor.” 

Ms. Shiner’s post-graduate education focused on Finance and Accounting culminating in an MBA from U.C. Berkeley. She is honored as a CPA Practice Advisor Thought Leader and is a Certified Advanced QuickBooks ProAdvisor and Sage Certified Consultant. She frequently speaks at industry conferences and continues to receive high praise for her ability to make financial management interesting, understandable, and even entertaining.

About Our Sponsor

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TSheets is a time tracking application designed and engineered for companies across multiple industries that need to track, manage and report time. Utilizing web-based, cloud computing technology that integrates with multiple platforms, smartphones and software programs, TSheets provides a customizable alternative to paper timesheets and punch cards to streamline HR and IT roles for businesses of all sizes—from freelance shops to corporations employing tens of thousands.