Compensation notes - Revision history

Rfs at 15:54, 14 May 2010

2010-05-14T15:54:20Z

Valerie: category: HR

2010-05-14T02:05:47Z

category: HR

MichaelWestwind at 01:26, 14 May 2010

2010-05-14T01:26:24Z

MichaelWestwind at 01:20, 14 May 2010

2010-05-14T01:20:50Z

MichaelWestwind at 01:08, 14 May 2010

2010-05-14T01:08:54Z

MichaelWestwind at 01:00, 14 May 2010

2010-05-14T01:00:46Z

MichaelWestwind at 00:30, 14 May 2010

2010-05-14T00:30:09Z

MichaelWestwind: User:MichaelWestwind/Scratch moved to Compensation notes

2010-05-13T22:38:59Z

User:MichaelWestwind/Scratch moved to Compensation notes

MichaelWestwind: march 2010 numbers

2010-05-13T22:38:02Z

march 2010 numbers

MichaelWestwind: New page: Compensation plans ;Standard * 11.55/hr * no vacation * no health coverage * no retirement ; Committed * 12.55/hr * 1 week vacation/yr * health coverage * no retirement ; Collective * 1...

2010-05-12T00:45:49Z

New page: Compensation plans ;Standard * 11.55/hr * no vacation * no health coverage * no retirement ; Committed * 12.55/hr * 1 week vacation/yr * health coverage * no retirement ; Collective * 1...

New page

Compensation plans

;Standard
* 11.55/hr
* no vacation
* no health coverage
* no retirement

; Committed
* 12.55/hr
* 1 week vacation/yr
* health coverage
* no retirement

; Collective
* 13.55/hr salary with max headroom, $1084 per two week period standard
* 3.6 weeks vacation/yr
* health coverage
* retirement plan

← Older revision		Revision as of 02:05, 14 May 2010
Line 101:		Line 101:
	April books are not closed yet.		April books are not closed yet.
	</pre>		</pre>
		+
		+	[[Category:HR]]

@@ Line 85: / Line 85: @@
 Vacation costs are complicated and can also be affected by how much time others need to put in to make up for the staff member's absence.  All that is figured here is a simple calculation based on the total vacation possible in a year divided by 12 months.
@@ Line 90: / Line 92: @@
 *Based on march 2010, raising all the committeds to $13.55/hr would add $862.89 to the monthly Gross pay.  This would also raise the various tax categories by a small amount.
 *Giving the committeds retirement benefits would add $346.54 to the monthly staffing expenses.
-*Both together would be $1,237.03
+*Both together would be $1,237.03 (more than the sum because of the retirement being based on payroll)
 Free Geek Net Profit 2010

@@ Line 52: / Line 52: @@
 retirement	            $75.16
 tax portion	           $107.33
-total exc w/c	         $2,928.85
+vacation	           $162.60
 committed
@@ Line 64: / Line 66: @@
 retirement
 tax portion	            $79.53
-total exc w/c	         $2,217.49
+vacation	            $33.47
 Nother or apprentice
@@ Line 76: / Line 80: @@
 retirement
 tax portion	            $54.89
 total exc w/c	         $1,256.09
 </pre>
-Still to add:  Cost of paid vacation time
+Vacation costs are complicated and can also be affected by how much time others need to put in to make up for the staff member's absence.  All that is figured here is a simple calculation based on the total vacation possible in a year divided by 12 months.

@@ Line 78: / Line 78: @@
 total exc w/c	         $1,256.09
 </pre>
@@ Line 83: / Line 86: @@
 *Based on march 2010, raising all the committeds to $13.55/hr would add $862.89 to the monthly Gross pay.  This would also raise the various tax categories by a small amount.
 *Giving the committeds retirement benefits would add $346.54 to the monthly staffing expenses.
 Free Geek Net Profit 2010
 January           $24,921.77
 February          $26,774.21
 March             $20,567.87
 April books are not closed yet.

@@ Line 19: / Line 19: @@
 * retirement plan
 <pre>
 Gross Pay, Collective	$29,217.51
 Gross Pay, Committed	$10,829.23
@@ Line 40: / Line 40: @@
-Typical staffing expenses per month for one person
+Typical staffing expenses per month for one person (calculated)
 <pre>
 collective
@@ Line 79: / Line 79: @@
 </pre>
 *Based on march 2010, raising all the committeds to $13.55/hr would add $862.89 to the monthly Gross pay.  This would also raise the various tax categories by a small amount.
 *Giving the committeds retirement benefits would add $346.54 to the monthly staffing expenses.

@@ Line 6: / Line 6: @@
 * no health coverage
 * no retirement
 ; Committed
@@ Line 12: / Line 13: @@
 * health coverage
 * no retirement
 ; Collective
@@ Line 18: / Line 20: @@
 * health coverage
 * retirement plan

← Older revision		Revision as of 00:30, 14 May 2010
Line 39:		Line 39:
	</pre>		</pre>

−	*~~Raising~~ all the committeds to $13.55/hr would add $862.89 to the monthly Gross pay. This would also raise the various tax categories by a small amount.	+
		+	Typical staffing expenses per month for one person
		+	<pre>
		+	collective
		+	pay/hr $13.55
		+	hours/wk 40
		+	wk/period 2
		+	gross/pay period $1,084.00
		+	pay/month $2,348.67
		+	health care/mo $355.45
		+	dental $42.25
		+	retirement $75.16
		+	tax portion $107.33
		+	total exc w/c $2,928.85
		+
		+	committed
		+	pay/hr $12.55
		+	hours/wk 32
		+	wk/period 2
		+	gross/pay period $803.20
		+	pay/month $1,740.27
		+	health care/mo $355.45
		+	dental $42.25
		+	retirement
		+	tax portion $79.53
		+	total exc w/c $2,217.49
		+
		+	Nother or apprentice
		+	pay/hr $11.55
		+	hours/wk 24
		+	wk/period 2
		+	gross/pay period $554.40
		+	pay/month $1,201.20
		+	health care/mo
		+	dental
		+	retirement
		+	tax portion $54.89
		+	total exc w/c $1,256.09
		+	</pre>
		+
		+	*Based on march 2010, raising all the committeds to $13.55/hr would add $862.89 to the monthly Gross pay. This would also raise the various tax categories by a small amount.
		+	*Giving the committeds retirement benefits would add $346.54 to the monthly staffing expenses.

← Older revision	Revision as of 22:38, 13 May 2010
(No difference)

← Older revision		Revision as of 22:38, 13 May 2010
Line 18:		Line 18:
	* health coverage		* health coverage
	* retirement plan		* retirement plan
		+
		+	<pre>
		+	Staffing expenses March 2010
		+
		+	Gross Pay, Collective $29,217.51
		+	Gross Pay, Committed $10,829.23
		+	Gross Pay, Other $11,479.12
		+	$51,525.86
		+
		+	Health Care $6,810.17
		+	Payroll Accounting $372.45
		+	Medicare $743.54
		+	OR ER Work Ben $54.00
		+	OR SUI $1,128.09
		+	Social Security $3,179.12
		+	Retirement, employer $711.30
		+	Workers Compensation $335.92
		+
		+	TOTAL $64,860.45
		+	</pre>
		+
		+	*Raising all the committeds to $13.55/hr would add $862.89 to the monthly Gross pay. This would also raise the various tax categories by a small amount.