How do I calculate an employee’s hourly cost price?

Tempolia offers a calculation method for employees’ hourly cost prices:
Employee CP = [Annual cost Salary + Charges + Expenses / (annual presence time x Percentage of billable time) ]
This is not the only possible method, and you can manually enter hourly cost prices in employee records if you prefer to calculate them independently.

Annual presence time is typically 1,607 hours for a person working 35 hours per week. Depending on your approach, the percentage of billable time may be 100% if you want to value all time, or less if you want to exclude non-productive time and allocate its cost over productive hours.