Member Service Spotlight: Labour Rate Calculator

Labour rates have been in the headlines for a few weeks now with suggestions from some quarters that customers face a “postcode lottery” when it comes to how much they will be charged.

It’s vital to set a rate that is fair to your garage as well as your customers – and the IGA has a tool that can help you work out what that is.

IGA members have access to a bespoke Labour Rate Calculator designed by our industry experts to help you get the full picture of your business costs and your charge out rates.

It’s one of the topics covered at our evening Member Events where our experienced team cover a range of current industry issues from the labour rate calculator to keeping up to date with the latest MOT regulations, and the pros and cons of deciding whether to take the leap into working on hybrid and electric vehicles.

While we recommend that you should check in with your accountant or your financial advisers before making any adjustments to your hourly rate, the Calculator will help you start that conversation with an accurate picture of where your costs are rising, where you have flexibility to make adjustments, and what the impact of any adjustments could be.

For more information about the Labour Rate Calculator, or any of the other ways that the IGA can help you tackle the challenges facing our fast-paced sector, please call the IGA Member Helpline on 01788 225 908 or email enquiries@rmif.co.uk.