There are several line items that make up total labor cost, including: Contributions to wages and salaries. What is a good labor percentage? Labor costs, as a percentage of gross sales, generally ...
Labor cost divided by total operating costs equals labor cost percentage. For instance, $4000 divided by $12,000 equals. 33 or 33% You can use this formula for other variable costs as well as ...
Nothing eats into a quick-service restaurant’s profits faster than labor and food expenses, each accounting for up to 33 percent of a restaurant’s sales, according to the National Restaurant ...