The cost of goods and services includes labor, materials and overhead. The hourly rate minus overhead would simply be the direct labor costs. Examples of overhead costs include cleaning, rent, ...

Calculating the average hourly wage for your employees might seem like a simple math task, but small-business owners may want to do this in one of several ways, depending on their needs. Creating ...

Many businesses hire hourly employees with varying hours. Learn how to determine and calculate the average cost of an hourly employee to your business.

Figuring out your hourly rate as a designer can be a huge pain. Worrying whether you’re over- or undercharging is tedious, and then there’s the pressing issue of whether your rate will allow you to ...

A while back, we featured a handy online tool that will generate invoices for your freelance projects. Now, the company behind that tool has added another one to its repertoire: an hourly rate ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...