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How much does employee cost?

Discussion in 'Business Operations' started by rootytalbot, Aug 24, 2013.

  1. Gmgbo

    Gmgbo LawnSite Senior Member
    Messages: 382

    In CT $15 per hour
    SS $0.93
    Med. $0.22
    Fed. Unemploy. $0.09
    CT Unemploy. $1.02
    Work Comp. +/- $0.75

    $18.01
     
  2. JCLawn and more

    JCLawn and more LawnSite Fanatic
    from MI
    Messages: 5,219

    In my area where I live I know what you mean. 2 acres use to be somewhat average for me and they are all shapes and sizes.
     
  3. snomaha

    snomaha LawnSite Senior Member
    from midwest
    Messages: 958

    Direct labor - We add 17% for our loaded rate

    Salaried management - We add 24% for loaded rate (includes health, HSA contribution and retirement)

    G&A overhead salary cost - 7.7% of total income

    Don't know your costs so cant help with what a "reasonable profit" would be. In general the market wont allow you to get higher then 10% -15% net profit before you start losing business - that is assuming you pay yourself a fair market wage.
     

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