I work for a contractor and I’ve always wondered why they hire us when I get paid $30 a hr and obviously my boss is making a cut on top of that. But the company I’m painting for only pays there employees $18 per hr? Wouldn’t it be easier just to hire an extra employee to preform simple tasks like painting, shoveling stone, ect these are all none skilled labor jobs.
In: Economics
Facilities/benefits markup is 1.8x to 2.0x salary. $18/hr * 1.8 = $32.40
If the expansion in volume of work isn’t expected to continue too, the relative ease of terminating a contract employee v an on-staff employee is an added benefit
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