Billable rate
What is Billable rate?
The hourly rate an agency charges a client for a person's time.
Billable rate is the price side of the equation; compared against internal cost rate, it determines the margin on time-based work.
Related terms
- Blended rateA single average hourly rate charged across a mixed team instead of a different rate per role.
- Capacity planningForecasting how much work a team can take on, based on available hours versus committed work.
- Closed-loop systemA workflow where proposal → contract → project → time → invoice → paid → P&L all run as one connected sequence with no manual re-entry.
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