ECN Forum Forums General Topics of the Trade General Discussion Area billable hrs

tera
i have never really heard about it,but why combining it in the first place.
flatrating used in the right way will ensure priceprotection for the customers and does insure your income.
if you want to be really proffessional present the price before you do any work!
flatrate rocks.......

I do some work for a General Contractor that does mainly home remodels. He complanes because my invoices vary so much. I tell him you never know what you might run into when doing remodels. He wants a price list,but I will only charge T&M for
typeof work. So I may end up dropping his work. I have enough work and can make more dealing directly with the customer.

teraohm1,

I don't use this method but here's and article that talks about combining the two. http://www.4youradvantage.com/t&m.htm

Would it make sense to just figure out how many hours per day your average tech actually bills and adjust your price accordingly? Instead of adding minutes, add dollars per minute.
Pat

Adding additional $$ is sure the way to go.I agree.
The technician selling the job and doing the work usually gets his incentive by billable hours,so an increase in $$ but not in the minutes will not exactly benefit the tech nor increase any motivation to sell.

Pay the techs by percentage of dollars brought in, instead of by the hour and that will provide plenty of motivation to sell.

You just don't want to get into a situation where they are selling un-needed services to your clients just to make a few extra bucks.

There are "performance pay" programs out there that may help you set this type of system up.
Pat