🧾 FALIB™ — Fully Allocated Labor, Insurance & Burden

FALIB™ (Fully Allocated Labor, Insurance, and Burden) is Servvian’s proprietary framework for calculating the true cost of labor. More than just wages, FALIB™ captures your hidden overhead, management expenses, and operating burden — so you can quote projects with clarity and confidence.

🧠 Why FALIB™ Matters

  • 📌 Know your true break-even before bidding a job

  • 🔍 Justify pricing to clients with hard data

  • 📈 Maximize profit margins without guesswork

  • ⚖️ Account for hidden costs like unpaid PTO, admin time, and management oversight

📊 What FALIB™ Covers

FALIB™ goes beyond raw wages and includes:

  • Labor Overhead

    • Employee wages, hours, and pay mix

    • FICA, Medicare, insurance contributions

    • Paid time off and benefits (even if $0, still tracked)

  • Management Overhead

    • Annual salaries and total hours for salaried/managerial staff

    • Hourly blended management cost

    • Zeroed-out taxes/benefits optionally included for future growth

  • Operating Overhead

    • Tools, and equipment

    • Calculated as a percentage of operational costs 

🔐 Use FALIB™ with Confidence

FALIB™ is integrated into every project estimate and time report within Servvian. Whether you’re in plumbing, HVAC, drywall, or oilfield services — you get real financial insight, not spreadsheets and guesswork.