Labor Burden

From What We Gather: January 23 - 27, 2017
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From What We Gather: January 23 - 27, 2017

On JLC's news radar this week: California offers funds for earthquake retrofits;... More

Alabama's Workforce Isn't Getting Any Younger
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Alabama's Workforce Isn't Getting Any Younger

Alabama is no exception to the national trend: construction workers there have... More

The Pitfalls of Hybrid Estimating
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The Pitfalls of Hybrid Estimating

A look at three ways to create an estimate, with varying proportions of labor,... More

Four Common Delusions Among Contractors
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Four Common Delusions Among Contractors

Contractors are often their own worst enemies. Here are four ways they make it... More

Nothing but Net
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Nothing but Net

Judging a company's profitability based on gross profit can be misleading. Your... More

Do The Math - Are You Charging Enough for Labor?
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Do The Math - Are You Charging Enough for Labor?

There are plenty of ways to lose money in the construction business, but one of... More

The True Cost of Labor
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The True Cost of Labor

The true cost of labor More

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Looking Beyond the Bottom Line

Too often, business owners will print a profit-and-loss statement (P&L, also called an income statement) and then look at just the bottom line net profit. More

Using Cost Books for Estimating
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Using Cost Books for Estimating

As moderator of the estimating forum at jlconline.com, I'm often asked if cost... More

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Allocating Overhead to Labor Makes Financial Sense

If I were to ask ten contractors how they calculate and apply overhead (indirect expense) to their estimates or time-and-material work, I would get ten different answers. If I were to press further as to how they arrived at their numbers, most of their methods would turn out to be arbitrary or have some element of guessing. More

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