Ever wondered how much that head hour rate equates to an annual salary?
Simply enter the head hour rate and we will calculate the equivalent annual salary.
Annual Salary Calculator
per hour
per annum *
on direct salary costs
on direct salary costs
per annum
* To alter billable hours per annum use the Annual Billable Hours Calculator below
Ever wondered how much the annual salary equates to an hourly head hour rate?
Simply enter the annual salary and we will calculate the equivalent hourly rate.
Head Hour Rate Calculator
per annum
per annum *
on direct salary costs
on direct salary costs
per hour
* To alter billable hours per annum use the Annual Billable Hours Calculator below
Ever wondered how many billable hours there are in a year?
Simply enter the data and we will calculate the number of billable hours per annum.
Annual Billable Hours Calculator
weeks per year
days per year
days per year
hours per week
percentage of week
days per week
7. Annual Billable Hours
per annum
Ever wondered how to convert the overhead and profit mark up to a multiple?
Simply enter the overhead and profit mark up and we will calculate the multiple for you.
You can also convert profit mark up to profit margin and back again. Simply enter the the profit mark up or the profit margin and we will calculate the other for you.
Overhead & Profit Multiple Calculator
on direct salary costs
on direct salary costs
on direct salary costs
4. Overhead & Profit Multiple
If you want to take these calculators with you, simply download the free Business Phone App.
edition 20 jan 22 2004
planning for the year ahead
Happy New Year and welcome to the first edition of the P3 e-news for 2004. Hopefully your plans and budget for the coming year are in place. But what does the year ahead have in store? In this edition of P3 e-news we look into the economic crystal ball and look at the options available to maximise advertising value on the roller coaster ride ahead.
P3 – helping people achieve commercial purpose through creative process
Add a colleague to the ïp3 newsÍ mailing list, by emailing their details to people@p3.com.au
maximising returns in 2004
Views on the economic outlook for 2004 / 05 are as diverse as the number of economic commentators. Up, down, stay they same or keep on changing, here are some tips from a marketing and advertising view point on ways to manage your advertising budgetto achieve maximum value.
If the market goes up… While a buoyant market expands sales opportunities, the associated advertising costs can increase as well, with greater demand on media availability and production resources increasing rates. Managing rate increases requires: 1. Ensuring a detailed and accurate reporting process to monitor real costs against outcomes. 2. Creating or accessing cost benchmarks to measure the increased cost against the potential revenue gain. 3. Ensuring longer term planning to provide marketers and agencies with opportunities for negotiating more competitive rates. 4. Locking key suppliers into price agreements to avoid inflationary pressures.
If the market stays flat… Depending on budget allocations, most advertisers are under constant downward pressure. Especially at a time when business perceives marginal growth opportunities. Rather than being pressured, this is an ideal time to take a proactive position on advertising costs and: 1. Review your advertising processes (especially briefing and approvals) to ensure the most cost effective system is in place. 2. Identify opportunities within existing advertising collateral to leverage greater longevity (eg. refresh rather than renew an existing campaign) 3. Calculate the costs associated with all elements of your advertising program and prioritise each, taking into account the hidden costs associated with cutting the activity. 4. Use the opportunity to review longer-term agreements, developing more efficient and cost effective remuneration models.
If the market fluctuates… To take advantage of a fluctuating market requires the ability to react tactically and strategically. The rapid pace required to move with the market requires well-structured processes and cost control systems to ensure cost effectiveness is maintained. To ensure the marketing team and agency can focus on the task you should: 1. Develop both a long-term strategy and short-term tactical plans up front. 2. Develop agreed and fixed cost remuneration to make cost control and reporting more efficient. 3. Negotiate supplier agreements based on minimum volume / activity. 4. Ensure detailed briefing and approval processes to minimise delays and mistakes.
P3 provides advertisers with a range of independent and qualified services to achieve greater value and cost effectiveness across all aspects of media and advertising production. We have extensive experience in remuneration negotiations, cost and process benchmarking and training. In reviewing your year ahead, call us to discuss how P3 can help you maximise your budget in 2004.
get the performance manual
To get the complete 64 page manual on how P3 can help you maximise your advertising budget, email us at people@p3.com.au or order on-line at our website www.p3.com.au by clicking the SUBSCRIBE link or download a pdf version by clicking the E-BROCHURE link.
new look – new services
The e-news has a new look to reflect the increased services we now offer. Each logo at the top links you to our new and expanded website. Check it out by clicking on the logo or on the links here: P3P3TVP3PRINTP3BIZP3PRP3MEDIAP3DMP3INTERACTIVE
television production workshops
Confused on rollover talent rates for TVCs? Wondering what those costs are on the TV estimate? Looking to find better ways of managing the production process with the agency and film company?
You are not alone. Television production is a complex and technical aspect of advertising and often the single most expensive cost after media. Therefore P3 is planning a half-day workshop in late March to be held in Sydney and Melbourne. If you are interested in attending, email your details to tv@p3.com.au and we will send you further details regarding the workshop.
