🧾 FALIB™ - Forecast Analysis Labor Intensive Business

FALIB™ (Forecast Analysis Labor Intensive Business) is SERVVIAN®’s proprietary reporting for calculating your true cost of labor. More than just wages, FALIB™ captures your hidden overhead, management expenses, and indirect 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

  • 🧾 Download your FALIB™ report PDF or save to files

📊 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

    • Benefits optionally included for future growth

  • Operating Overhead

    • Tools, and equipment

    • Rent, and office expenses
    • Calculated as a percentage of operational costs 

  • Profits and totals
  • Profit markup and margin
  • Labor sell per hour (crew average) 
  • Labor sell rate per hour (direct worker)

🔐 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.