Tag: Labor Burden Rate
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Labor Burden in Construction – Proper Rate Formula
Labor burden in construction is a value added on to the respective hourly labor base wage to to determine the total cost per hour for a particular employee.
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Labor Burden Rate – Introduction and Understanding
Labor burden refers to the additional costs an employer pays to have employees. The labor burden rate is a value added onto direct wages to understand the actual cost per unit of wages paid for an employee.