How to Calculate the Value of Your Time
Summary
Instead of paying movers to transport our things from the old place to the new one, my employees and I took the afternoon off to do the job ourselves. My moving crew consisted of me, three high-level platform developers and a handful of other key team members. Had I known the value of my, and each of my employees, time, I would have known that hiring professional movers for the afternoon would have actually saved the company money. For Business Owners and Employees with Equity This formula is just a starting point, but it will help you decide whether having your $100-per-hour developer move furniture is better than hiring Two College Guys to do the job. Then there are a few questions you can ask yourself that, if you answer "yes" to, mean you can forget about the formula: Everyones time is worth money--you just have to calculate how much.
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