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A construction company employs 95 workers who earn a base rate of $38 per hour. The workers receive benefits at the rate of 40% of
A construction company employs 95 workers who earn a base rate of $38 per hour. The workers receive benefits at the rate of 40% of their unburdened salary. On average, 25% of your project cost is labor and 20% of the labor cost is workers compensation insurance. Assume an 8-hour workday and perform all calculations on a per day basis. If the firm has an industry EMR of 1.2, how much should they expect to pay for the project?
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