Cost Neutral Hiring

Welcome to your first step towards strategic growth! Our Cost Neutral Equation Calculator is designed to demystify the hiring process, helping you to understand when and how you can afford to expand your team for maximum profitability. Let's get started!

Current Monthly Revenue (Average)

Enter the total income your business generates in a typical month. This sets the baseline for understanding the potential impact of a new hire.

Business Owner's Hours On Tools / Month

How many hours are you, the business owner, actually spending on billable tasks each month? This helps gauge your current work distribution and efficiency.

Owner's Billable Efficiency (Based on Industry Standard)

Hourly Rate of New Hire

The hourly rate you'll offer your new hire. This is a foundational expense that directly affects your hiring decision. We'll calculate the monthly wages & super for you based on full time at 8 hours per day!

Monthly Wages (Based on 8hrs/day Full Time)

Superannuation (at 12% from 1 July 2025)

Total Additional Monthly Hiring Costs

Sum up all expected monthly costs associated with the new hire, including vehicle repayments, additional fuel, insurances, uniform, and any additional marketing spend. Consolidating these costs simplifies your analysis.

Charge Out Hourly Rate

What will be the hourly rate you charge clients for the work completed by the new hire? This rate helps calculate the direct revenue potential of expanding your team.

Understanding these figures is just the beginning. With strategic planning and effective management, expanding your team can significantly enhance your business's profitability and operational efficiency. Ready to explore how this fits into your broader business strategy? Talk to your Trade Business Coach or one of our Accounting Coaches today!

By streamlining the input process and providing clear, concise explainers for each field, this calculator becomes not only a tool for financial analysis but also an educational resource that prepares trade business owners for informed discussions during their coaching sessions.

Total Monthly Investment

Total Daily Investment

Daily Billable Hours Needed from New Hire to Break Even

How many hours per day the new hire needs to work at their hourly rate to cover the Total Monthly Investment.

Estimated Monthly Profit From New Hire @ 75% Efficient

Estimated Monthly Profit From New Hire @ 100% Efficient

Name

First NameLast Name

Email

example@example.com

COST NEUTRAL EQUATION CALCULATOR

YOUR RESULTS