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With my recent focus on estimating I have become more interested in labor burden. I calculate my labor burden to be
FUTA .8
SUTA 1.5
SOCIAL SECURITY 6.2
MEDICARE 1.45
LIABILITY 3.9
WORKMANS COMP 5.47
TOTAL 19.32%
So if my average wage is 14.67 per hour (I'm paying myself a foreman's wage in this average) it costs me 17.50 per hour per guy standing at the gas station in the morning eating his breakfast.
Next we need to add overhead to this number...
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As a father I was always aware that I was raising my sons to leave home, marry, establish families, and be men who could stand on their own two feet. We must fulfill our own destiny. I really wasn't concerned about what they might 'do' but I wanted them to 'be' good men.
- David Epps
Last edited by jwholden : 10-14-2005 at 10:00 PM.
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