Salary, charges and overheads give the hourly cost to enter on the employee record; the share of billable hours and the target margin give the minimum price of an hour sold.
What the person costs
What they can bill
Employer charges depend on status and collective agreement: our employer cost calculator gives them to the franc.
Hourly sales rate
15,165 F
the minimum price of a billed hour, at the target margin
Employer cost per month1,080,000 F
Employee's hourly cost6,231 F
Billable hours per month121.3 h
Full cost of a billable hour11,374 F
Day rate (8 h)121,321 F
In Odoo: enter 6,231 F as the hourly cost on the employee record. Every timesheet hour will be valued at that cost in the project's analytic account.
The method
What the calculation does.
Employer cost
900,000 F gross + 20% charges = 1,080,000 F a month.
Hourly cost
1,080,000 ÷ 173.33 paid hours = 6,231 F: the figure to enter in Odoo.
Full cost
(1,080,000 + 300,000) ÷ 121.3 billable hours = 11,374 F per hour sold.
Sales rate
11,374 ÷ (1 − 25%) = 15,165 F an hour, 121,321 F a day.