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.
To calculate the total labor cost per hour worked, add up all of the non-wage expenses. Suppose you pay $4,800 for payroll taxes and workers compensation insurance, plus another $4,000 for health insurance and contributions to a retirement plan.ivide the annual wages by the actual labor hours to find the wages per labor hour. In this example, $31,200 divided by 1,920 hours works out to $16.25 per hour.