What does an apprentice really cost — and when do they pay for themselves?
An apprentice looks expensive in week one and pays you back later — the trick is knowing how long that takes. Punch in your real numbers and we'll show you the true cost and the week they break even.
Weekly cost = wage (rate × rostered hours) + super + on-costs + senior mentoring time + supplies. Billable hours start at today's figure and step up each quarter by your ramp amount, capped at rostered hours minus training (they can't bill while at TAFE). Revenue = billable hours ÷ service length × average ticket, all GST-exclusive to match GST-free wages. Break-even runs week by week (up to a 4-year, 208-week term), adding net each week plus your one-off subsidy, and reports the first week the running total turns positive — 0 means it never breaks even within the term, which means the chair isn't filling fast enough. Award rates (Hair & Beauty MA000005) and apprentice incentives are ballpark and change over time — verify your exact year/age step and current incentives at fairwork.gov.au. Not tax or industrial-relations advice.
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