View Single Post
  #1 (permalink)  
Old 01-25-2008, 09:55 AM
Frank Wright Frank Wright is offline
Junior Member
 
Join Date: Jan 2008
Location: Grande Prairie Alberta Canada
Posts: 2
Default Wages and Salaries

What wages are paid to hourly employees, and what salaries are paid to managers? Is there a formula out there whereby labour costs are fixed as a percentage of gross (or net) sales? We are new and want to meet the industry standards in this area. Thanks,
Frank
Reply With Quote