Partner
150,000
1,600
2,000
93.75
75
Associate
80,000
1,600
2,000
50.00
40
Assistant
50,000
1,600
2,000
31.25
25
3 The difference between requirements 1 and 2 is the denominator. Using only billable time as the denominator results in the hours associated with vacation, sick leave and professional development being built into the direct-cost rate for professional labour. Including vacation, sick leave and professional development in the denominator results in part of the total labour compensation not being assigned to jobs as part of the professional labour cost. Inmost cases, where this approach is used, the costs associated with vacation, sick leave and professional development are included in the indirect costs assigned to jobs.
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