i do know that federal minimal wage is $ 7.40 an hour. What I want to recognize is, if you factor in the cost of social security and additional things an organisation should pay, what does it actually price an organization per hour?
i am particularly desirous about only part time staff, who don’t need scientific or unemployment coverage
solution via Roger M
on the subject of $ 10 if he can pay clinical, if no longer about $ eight.eighty
They pay 7.seventy five% social security
and several other small ones.
resolution with the aid of Judy1
in truth, the federal minimal wage is $ 6.fifty five an hour, even though some states have a higher minimal. Add 50 cents an hour for the required corporation social security and medicare fit. staff comp and unemployment comp costs fluctuate, as do costs of any advantages equipped. No strategy to provide one exact resolution, there are too many variables.
Areas with better minimum wage will after all price the service provider extra.
answer through wartz
you could add 7.75% for the supplier part of Social safety and Medicare, from three to 6.2% for unemployment taxes (greater charges for employers with huge turnover) and workers compensation insurance coverage that can fluctuate enormously. now not too many minimum wages jobs are going to get any more or less fringe advantages.
HOW a lot IS minimum WAGE 2014