During the 1970s, Generac expanded its offerings in the portable and recreational vehicle markets, and in the 1980s the company entered the commercial and industrial markets with its backup power generation systems.
Add each cost to determine the labor burden cost of the employee. In this example, assume you pay $2,000 in payroll taxes, $1,000 in insurance, $2,000 in benefits and $5,000 in supplies and other miscellaneous expenses. Add together $2,000, $1,000, $2,000 and $5,000 to get a labor burden cost of $10,000.
How to Calculate Productivity. The economic health of a country is most often determined by their labor productivity. Labor productivity is a per-hour measurement of generated output on a per-worker basis.In layman's terms, how much work a worker completes in an average hour. In the case of $100,000 produced over 1 month with a combined total man hours of 5,000, the calculation would be: $100,000 / 5,000 = 20$ per hour productivity.