Submitted by: Submitted by nizaraljouma
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Words: 1573
Pages: 7
Category: Business and Industry
Date Submitted: 11/07/2012 07:08 AM
APPENDIX A: TOTAL PAYROLL COSTS
|Current Total Wage Cost |
|Regular Wage |
|Total numbers of employees |500 |
|Average base |$16.75 |
|Average hours per week |40 |
|Average hours per year |2080 |
|Total base wage cost |$17,420,000.00 |
|Shift premium |
|1st shift premium |$0 |
|2nd shift premium |$1 |
|% 1st shift |60% |
|% 2nd shift |40% |
|Total shift premium cost |$416,000.00 |
|Overtime |
|Average overtime per week |5 |
|Total overtime cost |$62,812.50 |
|Total wage cost including premiums & OT |$17,898,812.50 |
|Option A Total Cost w/ 2.6% increase & 3 shifts |
|Regular Wage |
|Total numbers of employees...