Member Brian asked me about calculating the billability of technicians. In the March Community Meeting, we did a deep-dive into the practical math of technician billability. I put together an Excel spreadsheet on this. It shows the effective profitability of technicians based on their hourly wage, fully burdened cost, and billability.
Brian also sent me a spreadsheet on calculating income per technician based on base salary. With the goal of having each technician billing at least twice their annual salary, the target billability would be about 58%. That is almost exactly what I advise with a minimum of 60% billability for most technicians.
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🙂