| Business Costs Employees. |
| Click on the blue button for a summary of information at the site |
| A Management Accounting Information Center article “Finding Employment-related and Payroll Information On the Internet” should help in the use of the Internet to find employee-related information. Please click the home logo at the top left of this page to access this article. |
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| Websites linked to from this page hopefully will provide a company useful information related to employee expenses. |
| A Management Accounting Information Center article “Finding Cost Data on the Internet (2008)” identifies ways in which the Internet can be a source of cost data for businesses. Please click the home logo at the top left of this page to access this article. |
| A Management Accounting Information Center article “Cost-Related Information Relevant to Management Accounting on the Internet” attempts to help those involved in cost management, accounting, and decision-making use the Internet for needed information. Please click the home logo at the top left of this page to access this article. |
| A Management Accounting Information Center article “An Evaluation of Using Cost Rate Terms for Finding Cost Data on the Internet” suggests a search strategy for finding cost information on the Internet. Please click the home logo at the top left of this page to access this article. |
| The graph below was created using Google’s chart tool.
The horizontal bar graph shows the salary and wage costs corporations paid in 2008 as a percentage of sales for 11 business sectors. The data used to create the graph was taken from Internal Revenue Service statistics on form 1120s filed corporate returns for 2008. This data can be viewed on the IRS report “2008 Statistics of Income – Corporation Income Tax Returns” by clicking here (PDF file). Business receipts were used for sales. Data was used only for corporations reporting a positive net income. The percentages are for all size companies and all subsectors, so represent an approximate benchmark average that companies can use to evaluate their own salary and wage costs to sales ratio compared to somewhat similar companies. Subsectors exist for some of the sectors, so a more similar company comparison might be available. |
| The graph below was created using Google’s chart tool.
The horizontal bar graph shows the employee benefit costs corporations paid in 2008 as a percentage of sales for 11 business sectors. The data used to create the graph was taken from Internal Revenue Service statistics on form 1120s filed corporate returns for 2008. This data can be viewed on the IRS report “2008 Statistics of Income – Corporation Income Tax Returns” by clicking here (PDF file). Business receipts were used for sales. Employee benefit costs include amounts paid by employers into employee health, insurance, and other employee plans. Data was used only for corporations reporting a positive net income. The percentages are for all size companies and all subsectors, so represent an approximate benchmark average that companies can use to evaluate their own salary and wage costs to sales ratio compared to somewhat similar companies. Subsectors exist for some of the sectors, so a more similar company comparison might be available. Average employee benefit costs as a percentage of sales for all 11 sectors was 1.6%. |
| The graph to the right was created by using Google’s graph tools.
The line graph shows the average hourly wage for construction (nonsupervisory and production) workers in the United States from 1993 ($13.92 per hour) to 2011 ($23.46 per hour). The average wage increased 3.8% (on average) each year. The graph’s data was obtained from a Federal Reserve Bank of St. Louis’s website. Data at this website can be obtained by clicking here. This website also shows the average wages for several other business sectors, e.g. retail and service sectors. Data in the graph and at the website should be useful to small companies in selecting and increasing wage rates for their employees. |