Burden Rates — Team Inc Quoting Tool

Burden Breakdown

FICA (Social Security + Medicare)%

Federal Unemployment (FUI)%

State Unemployment (SUTA)%

SUTA Annual Wage Cap$

Workers Compensation%

General Liability%

Umbrella & Excess Liability%

Automobile Liability%

Vacation%

Holiday / Sick / Leave%

Insurance (Life & Health)%

Pension (401K)%

Consumables%

Small Tools (< $1,500)%

Training / Safety Compliance%

Other%

Total ST Burden: 0.00%

Total OT/PT Burden: 0.00%

How Burden Works

The burden percentage is applied on top of the base hourly pay rate to calculate the true internal cost of labor.

            Example:

            Base Pay Rate: $65.00/hr

            ST Burden: 31.24%

            Burdened Cost: $85.31/hr

            Invoice Rate: $125.00/hr

            DM%: 31.75%

OT/PT Burden Note

Overtime and premium time wages have a lower effective burden because the premium portion of OT/PT wages is not subject to FICA and SUTA taxes. The OT/PT burden shown here reflects this adjustment.

Effective Date

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Team Inc Quoting

Pay Rate Burden Configuration

Select State

Burden Breakdown

How Burden Works

OT/PT Burden Note

Effective Date