Labor Utilization
The Labor Utilization dashboard displays the total revenue of your company divided by the total payroll costs it accumulates, aiming to answer the question: how much revenue does a dollar of payroll generate? This information can be sorted by Week Endings, Monthly and Quarterly periods as well as a specific region.
Use the checkbox Deduct Fuel Surcharge to remove that value from the calculation.
The formula for the Net Revenue x Mile is as follows:
Labor Utilization = Total Revenue / Total Payroll Cost
The Total Revenue is calculated through the sum of different sources of revenue such as the Linehaul Daily Gross Amount, the Shuttle Daily Gross Amount, the Spot and Other Settlement Adjustments total. All of these values come from the settlement. Meanwhile the Total Payroll Cost includes all approved payroll payments for both drivers and non-drivers included in the Payroll Report.
The Y axis displays the result of the formula, showing how much revenue you’re making in comparison to your payroll costs for each date displayed in the X axis.
Driver Utilization
The Driver Utilization dashboard displays the total revenue divided by the total payroll costs for a specific driver within your organization. This information can be sorted by Week Endings, Monthly and Quarterly periods, specific Regions and specific Drivers.
Use the checkbox Deduct Fuel Surcharge to remove that value from the calculation.
The formula for the Driver Utilization is as follows:
Driver Utilization = Total Revenue for the Driver / Total Payroll Cost for the Driver
The Total Revenue for the driver is calculated through the sum of all their different sources of revenue such as the Linehaul Daily Gross Amount, the Shuttle Daily Gross Amount, the Spot and Other Settlement Adjustments total. All of these values come from the settlement. Meanwhile the Total Payroll Cost for the driver includes all their approved payroll payments for both drivers and non-drivers included in the Payroll Report.
The Y axis displays the result of the formula, showing how much revenue the driver is generating in comparison to their payroll costs for each date displayed in the X axis.
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