Labor burden
A $32.00 wage costs $49.29 per productive hour
Payroll taxes, insurance and benefits add 30.1% to wages, and paid time off and downtime spread that cost over fewer working hours.
- Social Security$4,12720.6%
- Medicare$9654.8%
- Workers' compensation$3,66118.3%
- General liability$1,1986.0%
- Health insurance$7,80038.9%
- Retirement match$1,99710.0%
- Other$2851.4%