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Our mission is to provide cost-effective, reliable, and productive way of staffing construction job sites.
That's why we want to break it down and show you how much one employee would cost you to hire, using an example with standard costs associated with each hire.
WHAT IS THE TRUE COST OF YOUR WORKFORCE?
CARPENTER
BASE SALARY
$21.00 / hr
The initial salary you pay an employee per hour, not including any benefits, bonuses, etc.
PAYROLL EXPENSES
$27.58 / hr
All additional payroll deductions that we tend to forget we have to cover: FUTA, Vacation, Sick, FICA, SUTA, Medical, Worker's Comp, Unemployment
ADDITIONAL HR EXPENSES
Some more expenses to consider - Payroll Administration, Advertising & Promotion of Ads, Recruiting, Interviewing, Safety Training, PPE, Customer Service
TRUE RATE:
$3.12 / hr
$51.70 / hr
CEDAR PARK GROUP RATE:
35 / hr
Hourly Savings: $16.70
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