Understanding Hourly Rate & The Productivity Cost Matrix
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Electrician's Hourly Rate & Productivity Cost Matrix
This is a fantastic video to give you an understanding of how an hourly rate is built. How would understanding how costs and productivity effect the running of a business help you be a better electrician for the company you work for? An electrical business has many expenses which enable them to operate and with wages being one of the most expensive, learning how to structure your day to produce more billable hours will make you a more valuable asset to your employer. If you can master this calculation, you can start to negotiate a better pay for yourself but you will need to prove your worth first!