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Labour cost in construction is calculated by multiplying the number of labour hours worked on a specific project with the hourly rate for the worker. This will give you the total labour cost for that project. It’s important to also factor in any other costs associated with using workers, such as traRead more
Labour cost in construction is calculated by multiplying the number of labour hours worked on a specific project with the hourly rate for the worker. This will give you the total labour cost for that project.
It’s important to also factor in any other costs associated with using workers, such as transport, meals, and third-party contractors. Determining an accurate hourly rate for your labour should include any relevant overheads and profit margin for the construction company.
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