Picture this: You just completed a $150,000 commercial renovation. Your crew worked 800 hours, you came in on schedule, and the client is thrilled. But when you run your job costing report, the numbers tell a different story, your estimated profit of $22,500 (15%) has shrunk to just $4,800 (3.2%). What happened? The culprit is often hiding in plain sight: inaccurate labor burden calculations . While you carefully tracked material costs and equipment rentals, your labor esti

In the highly competitive construction industry, bidding accurately is crucial for maintaining profitability. Many contractors win projects only to realize later that labor costs  have wiped out their expected profits. The cause is simple but devastating: bidding based on gross wages instead of the True Cost of Labor . If your estimates rely solely on wages, you’re underpricing each project by 20%–35% , a silent profit leak that worsens with every payroll run. That hidden cos