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.
The numbers you enter
What the numbers mean
How this is worked out
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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