Calculating the average hourly wage for your employees might seem like a simple math task, but small-business owners may want to do this in one of several ways, depending on their needs. Creating ...

The cost of goods and services includes labor, materials and overhead. The hourly rate minus overhead would simply be the direct labor costs. Examples of overhead costs include cleaning, rent, ...

You may find your job fulfilling, but at the end of the day, you work to earn a living. That income provides a roof over your head and food on your table. Discover More: Salary Needed To Achieve the ...

The future of work is the liquid workforce. Companies that expect to maintain their competitive edge must engage and activate the liquid workforce, often by hiring on-demand advisors and consultants, ...

organization. However, budgeting for hourly employees can be challenging because they may work more or less as circumstances demand. Fortunately, with a clear understanding of your business’s needs ...

If an hourly employee works beyond 40 hours in a week, they are entitled to overtime pay. However, if that employee performs different roles at different pay rates, you may have to use a “blended rate ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

You may find your job fulfilling, but at the end of the day, you work to earn a living. That income provides a roof over your head and food on your table. Subtract any pre-tax deductions, like health ...