Billable Hours Calculator
Calculate total billing value and effective rate based on total vs billable hours. This tool helps you evaluate your actual hourly efficiency by assessing billable and non-billable overhead.
Formula & Math Logic
Earnings = Billable Hours * Rate. Effective Rate = Earnings / (Billable + Non-Billable). Utilization = (Billable / Total) * 100.
Worked Calculation Example
24 Billable & 16 Non-Billable Hours
At $100/hr, earnings are $2,400. The effective rate across 40 total hours is $60/hr. Utilization rate is 60%.
Frequently Asked Questions (FAQ)
What is a target utilization rate?
For consultants, a target of 60% to 80% is typical, leaving time for administrative chores.
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