All-in rate is a term used in both the construction industry and the financial sector.
It refers to the total cost or rate charged for a service, including all associated fees and expenses.
For labor, this would include the hourly wage, as well as additional costs such as insurance, taxes, and statutory contributions.
[2] General Definition: An all-in rate, regardless of the industry, represents the comprehensive cost of a product or service, including all associated fees and expenses.
This provides a clear, total figure for comparison or budgeting purposes.