PSMJ Resources, Inc. | Architecture, engineering, and construction firm management.

PSMJ's Free Tools

Click here and quickly calculate critical financial performance benchmarking to see where you need to improve.

Calculate Your Overhead Rate

	Add all firm expenses EXCEPT direct project labor, project direct expenses and discretionary distributions of profit and taxes (a). $
	Divide the total operating expenses by your direct project labor (b). $
	The resulting percentage is your overhead rate. %
(a) Discretionary expenses excluding bonus/incentives, discretionary retirement plan contributions and non operating expenses (such as sale of fixed assets).
(b) Direct labor dollars are those payroll dollars charged directly to a client project, whether billed or not billed. The overall median overhead rate from the 2008 PSMJ A/E Financial Performance Survey is 159.7%. How does your firm compare?
To learn more about typical overhead rates in the A/E industry and hundreds of other financial indicators, purchase the 2008 PSMJ A/E Financial Performance Survey.

Calculate Your Utilization Rate

Calculate Your Net Revenues per Staff

	From your total revenues, deduct all direct project costs EXCEPT your staff direct labor. This is your net fee amount (a). $
	List your number of staff on a full-time equivalent (FTE) basis (b). Include all staff, both technical and administrative.
	Divide your net revenues by your full-time-equivalent staff. The result is revenues per staff. $
(a) Direct expenses other than labor would include project travel, project printing and sub-consultants and any other expense related directly to the performance of a project. These should be both reimbursable and non- reimbursable expenses.
(b) For part-time, new hires and departed staff, determine their FTE basis by dividing their annual hours by 2080 (40 hours per week times 52 weeks). For example, a person working 20 hours per week (or six months of the year at full time) would be 1/2 of an FTE. The overall median net revenues per staff from the 2008 PSMJ A/E Financial Performance Survey are $118,126. How does your firm compare?
To learn more about typical net revenues per staff in the A/E industry and hundreds of other financial indicators, purchase the 2008 PSMJ A/E Financial Performance Survey.

Calculate Your AR Aging

Calculate Your Net Fee Multiplier

	From your total revenues, deduct all direct project costs EXCEPT your staff direct labor. This is your net fee amount (a). $
	Divide your net fees by your staff direct labor dollars (b). $
	The result is your net fee multiplier.
(a) Direct expenses other than labor would include project travel, project printing, sub-consultants, and any other expenses directly related to the performance of a project. These should be both reimbursable and non-reimbursable expenses.
(b) Direct labor dollars are those payroll dollars charged directly to a client project, whether billed or not billed.
The overall median net fee multiplier from the 2008 PSMJ A/E Financial Performance Survey is 3.09. How does your firm compare?
To learn more about typical net fee multipliers in the A/E industry and hundreds of other financial indicators, purchase the 2008 PSMJ A/E Financial Performance Survey.