Price out the labor and loaded cost of producing a document.
The word count at a set pace gives the hours, and multiplying by the rate yields the raw labor cost. Overhead then inflates it to the fully-loaded figure an employer really pays. Quoting only raw hours or raw pay hides the true cost, so the loaded figure is what budgets and rates should actually use.
Document Labor Cost
Hours = words / pace; loaded = hours x rate x (1 + overhead)
Hours = words / pace; loaded = hours x rate x (1 + overhead) The word count at a set pace gives the hours, and multiplying by the rate yields the raw labor cost. Overhead then inflates it to the fully-loaded figure an employer really pays.
Quoting only raw hours or raw pay hides the true cost, so the loaded figure is what budgets and rates should actually use.
This calculator takes 4 inputs: Document words, Words per hour, Hourly rate, Overhead. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.