LA1(8) Hourly Charge Out Rate (Engineering)
Dollars
| Performance Measure | 2002/2003 | 2003/2004 | 2004/2005 |
| Hourly Charge Out Rate (targets) | 103 | 97 | 97 |
| Hourly Charge Out Rate (actuals) | 99 | 97 | |
| Definition | Hourly charge out rate is the weighted average hourly rate charged by Engineering Services. It is calculated as net revenue less the contract hire margin divided by total billable hours. | ||
| Variance Explanation | The 2003/2004 - 2004/2005 targets have been revised from $93 to $97 to offset inflation and wage increases with efficiency improvements. Costs were reduced due to initiatives (eg., IT cost containment initiative). | ||
| Benchmark Comparison | No benchmark data available. | ||
Last Modified: Jul 12, 2004
