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The Real Cost of Insourcing
- Capital cost: $3k to $7k per station, plus annual maintenance of ~10%
- Training cost: estimate $1500 per trainee; assume 30 to 80% turnover
- Labor: hire students at $12/hr
- Supervisors: assume supervisors cost 1.5x ($18/hr)
- Support: a support staff for 8 months at $50k/yr
- Benefits: use a 36% overhead number
- Facilities: estimate 1000 sq ft office space; loaded rate of $21.96/sq ft/yr