How To Calculate Your Effective Hourly Rate (and What To Do With That Number)
Are You Calculating Your Effective Hourly Rate?
Do you know your effective hourly rate (EHR)?
It’s what you’re actually making per hour, NOT what you say you are charging per hour.
Knowing your/your agency’s/your team’s effective hourly rate will help you uncover where you are overpaying for work, which then lets you optimize your team’s time and still get the same level of work done, all at a higher margin. Watch the video to learn more.
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