Small Business Labs

MAY 25, 2021

Spending on salaries and wages grew from $73.7 the spending on traditional employee salaries and wages from 2010 to 2018. In 2003 contract labor about 20% of total labor costs of sole proprietors. Over the period from 2010 to 2018, contract labor spend by sole proprietors increased by an annual growth rate of 9.1%.

2018 214

2018 2003 Salary 2017 214

Small Business Labs

SEPTEMBER 11, 2018

  Over the same period, spending on salaries and wages (meaning traditional employees) rose from $73.7   Way back in 2003, contract labor was only about 20% of the labor costs of sole proprietors. .   This is an increase of 65% between 2010 and 2016.  billion to $90.9 billion, an increase of 23%. 

2003 183

2003 2016 Temping Salary 183

Allwork

NOVEMBER 28, 2022

In May of 2021 that number jumped to 78% — the highest number AARP has ever recorded since they began tracking in 2003. . Allwork.Space: What are the hidden costs of turnover that companies are risking by excluding workers over 50? The average cost of a discrimination claim is $125,000 if the employee and company choose to settle.

Retirement 246

Retirement Legal 2003 2021 246

Success

AUGUST 22, 2022

The savviest students are letting industry, their K-12 public school system or a combination of the two cover some—or even all—of their college tuition costs. Now he’s salaried at $77,000-plus per year, and InterTech is paying for his bachelor’s degree in engineering, which he’s in no rush to complete. It’s a clear win-win.

Salary 264

Salary 2021 Training Skills 264

Small Business Labs

NOVEMBER 23, 2015

  Over the same period salary and wage expense increased only 10.7%. In 2013 contract labor was 36% of total labor costs, up from 31% in 2010 and just 20% in 2003.  .  As the chart below shows, sole proprietor contract labor expenses increased 38% between 2010 and 2013. 

2003 100

2003 2013 Temping 2012 100

On The Job

DECEMBER 1, 2009

With their technology skills and great social networking abilities, GenY ( born roughly between 1980-2003) previously have found employers willing to meet their expectations. Today, more than 50 percent of candidates say they will take the salary offered. But then the recession hit and unemployment soared to more than 10 percent.

2009 100

2009 Self Esteem AT&T Skills 100