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Melororium
Reports

Labor Cost Tracker

Tracks labor cost automatically from time logs and hourly rates. See total spend per project, blended rates, and cost against project budget — without any manual spreadsheet work.

Work ReportsBudget GuardianTime TrackerEmployee Management

14-day free demo · No credit card required

app.melororium.com — Budget Tracker

$45k

Total budget

$31.2k

Spent

$13.8k

Remaining

Acme Corp — Q4

$8.4k / $12k

70% used

Studio 9 — Brand

$5.8k / $6k

97% used — at limit

VentureX — MVP

$3.2k / $9k

36% used

What is a labor cost tracker?

A labor cost tracker calculates how much your team's time costs in real money. It takes hours logged per task and multiplies them by each person's hourly rate to produce a cost figure — per task, per project, per client, and per period.

Most agencies track hours and rates in separate places. Toggl records the hours. A spreadsheet stores the rates. A third tool or someone's Friday afternoon produces the cost summary. The number is always a week late, always requires manual work, and is always at risk of human error when rates change.

A live labor cost tracker eliminates every one of those handoffs.

How labor cost tracking works in Melororium

Set each team member's hourly rate once in Employee settings. Every time a team member logs hours against a task, Melororium calculates the cost automatically: hours × rate = cost. The result accumulates per project and per person in real time.

The Work Reports matrix shows cost per project × per person for any date range. The Budget Guardian tab inside each project shows total labor cost spent versus the project budget, with a burn chart and percentage complete. When cost reaches the configured threshold (default 80%), an alert fires.

The KPI widget in Work Reports shows the blended hourly rate — the average cost per hour across all logged time in the period, across all team members. This is the realized rate: what you actually paid per hour versus what you quoted.

Labor cost vs. project budget

Set a budget on each project. The Budget Guardian module tracks the gap between budget and actual labor cost in real time. Burn rate shows how fast cost is accumulating, and a projected end-of-month estimate warns you before you run over — not after.

Pricing

Labor cost tracking from time logs and hourly rates is included in all paid plans. Budget Guardian (project-level cost vs budget view) is included in Agency ($59/mo, 10 users) and Studio ($119/mo, 25 users) plans.

Built for teams that report to clients

Agencies calculating project profitability after each delivery
Studio managers comparing quoted vs actual labor cost per project
Finance leads preparing monthly cost summaries per client
Teams currently building labor cost reports in spreadsheets every month

Flat fee, whole team

From $29/mo — no seat tax

More Reports templates

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What's included

Everything you need, out of the box

Automatic cost calculation: hours logged × hourly rate per employee

Cost visible per task, per project, per person, per client

Blended (realized) rate: total cost ÷ total hours across all team members

Budget Guardian: spend vs project budget with burn chart

Configurable budget alert threshold (default 80%)

Work Reports matrix: cost view with project × person breakdown

Export cost data to PDF or Excel

Hours delta vs previous period

Template FAQ

Frequently
Asked Questions

Have a question? Email us at support@melororium.com

Compare alternatives

Go to Employees → click any team member → set their hourly rate. Owners and Admins have a $0 rate by default (their cost is excluded from project labor cost to avoid distorting reports).

Agency ($59/mo, 10 users) and Studio ($119/mo, 25 users). Basic labor cost in Work Reports is included in all paid plans including Starter.

The blended (realized) rate is total cost ÷ total hours for the selected filter and period. It shows the average hourly cost of the work done — useful for comparing against what you quoted the client.

Yes. The Top Client widget in Work Reports shows total billed cost per client and the client's share of total cost. Filter by project to narrow to a single client's work.

Free 14-day demo included

Ready to use this template?

14-day free demo. Up to 4 team members. No credit card.