T&M rate for Large commercial, Hospitals, Fuel depots per man to client .

[Fordean]

Curious of the Charges to a client per man in NY, NJ, I see , 99 per hour to client, In which their costs is (Cost they actually pay to employee) $99 + union rates and that don't include Workers comp, Van, Expenses. how are they profiting. If they charge the same as their expense.

 

[LEO2854]

Curious of the Charges to a client per man in NY, NJ, I see , 99 per hour to client, In which their costs is (Cost they actually pay to employee) $99 + union rates and that don't include Workers comp, Van, Expenses. how are they profiting. If they charge the same as their expense.

They are not,you've got to charge your total costs plus you're profit,otherwise it's not worth it to be in business.

 

[mgookin]

Curious of the Charges to a client per man in NY, NJ, I see , 99 per hour to client, In which their costs is (Cost they actually pay to employee) $99 + union rates and that don't include Workers comp, Van, Expenses. how are they profiting. If they charge the same as their expense.

Looking at your statement I think you have an error in the wage paid to the employees.

 

[Fordean]

Error

Error

What error.

Cost of running the Business is 99 and they only charging Clients 99 per hour.

 

[mgookin]

What error.

Cost of running the Business is 99 and they only charging Clients 99 per hour.

From your statement it looked like they pay employees $99/ hour, then have all those other costs above and beyond that, and that they charge customers $99 per hour and that makes their business work.

Employees earn more like $30 per hour?

 

[GoldDigger]

What error.

Cost of running the Business is 99 and they only charging Clients 99 per hour.

Easy math there. You just bill the clients for twice as many hours as you pay your employees for, producing a 1% [sic] profit. :lol:

 

[iwire]

Curious of the Charges to a client per man in NY, NJ, I see , 99 per hour to client, In which their costs is (Cost they actually pay to employee) $99 + union rates and that don't include Workers comp, Van, Expenses. how are they profiting. If they charge the same as their expense.

I can't see this as anything but a misunderstanding on your part or a business about to go under.

 

[Fordean]

I can't see this as anything but a misunderstanding on your part or a business about to go under.

I would say would figures like that hard to understand.

Am I clear on this. I'm just trying to make a good post.