Ummm... the company still has to pay for the bus, insurance, overhead, as well as employment taxes for the employee.
Pay them $55 an hour, but make them bring their own bus.
>> Ummm... the company still has to pay for the bus, insurance, overhead, as well as employment taxes for the employee.
Exactly. The bus, driver, and route are no doubt interchangeable in terms of the service being provided.
You forgot to mention fuel and maintenance.
That’s pretty close to what bus drivers are paid by the hour around here in Tennessee.
I looked up First Group PLC’s numbers from last year and their margins were pretty sad at 0.93%. I sent in a letter to the editor last night explaining that if the wage plan goes through, some of the workers will be greeted with pink slips.