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To: CitizenUSA

That is labor cost, not employee pay. That is the thinking of most of Americans. That $15 min wage for a burger flipper cost the employer about $30-$40 an hour after payroll taxes, workers comp, uniforms, insurance and other benefits.


49 posted on 11/23/2015 6:18:44 AM PST by eastforker (The only time you can be satisfied is when your all Trump.)
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To: eastforker
That is labor cost, not employee pay. That is the thinking of most of Americans. That $15 min wage for a burger flipper cost the employer about $30-$40 an hour after payroll taxes, workers comp, uniforms, insurance and other benefits.

That's incorrect. The typical bump is about 50%, max. Meaning $15 translates to $22.50. And that's for a large corporation with good benefits, not Mickey D bennies.

74 posted on 11/23/2015 6:54:21 AM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: eastforker; stylin19a; DoodleDawg

Thanks for the explanation. That makes much more sense. I found this site to have a good description of many of the additional expenses that go into employee compensation.

http://www.accountingcoach.com/payroll-accounting/explanation/4


88 posted on 11/23/2015 12:21:38 PM PST by CitizenUSA (Proverbs 14:34 Righteousness exalts a nation, but sin is a disgrace to any people.)
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