Question#1:

An employee, whose hourly compensation is $18/hour, or $37,440 gross annual payroll.

Additional Costs are as given below:

$3,005 for payroll taxes (based on 2.7% state unemployment on the first $9,000, and no other state disability taxes)

$3,536 for workers compensation insurance (at $10 per $100)

$4,200 for health insurance ($350 per month)

$1,060 for retirement benefits (3% of compensation)

$720 for cell, telephone and/or Internet costs ($60 per month)

$150 in uniforms (e.g., 4 company shirts at $25, 1 jacket at $50) or for office workers an equivalent amount in coffee(!)

$6,000 in company vehicle usage (depreciation, gas and oil, maintenance, license, insurance, etc.), or for office workers an equivalent amount in equipment usage and maintenance. and office space

$300 in small tools and equipment usage (at $25 per month) or for office workers an equivalent amount in office supplies

$708 estimated annual bonus (2% of wages)

$100 employer-paid snacks, meals, parties, entertainment

$250 in training fees, seminars, etc.

Employee is potentially available for 2,080 hours

Employees non-project paid time for the year:

6 holidays

10 vacation days

6 sick or personal days

2 days of training seminars

Calculate the employees total labor burden?