Question: 89 of 111
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You need to hire a part-time associate to work 30 hours a week in your store. You have $250 in labor budget for the new associate each week. You just interviewed an excellent candidate for the position who has requested to be paid $9.00 per hour. Your average part-time associate currently makes $8.26 per hour. How much additional labor budget per week would you need in order to hire the candidate you interviewed at the rate that has been requested?
9 * 30 = 270
270 - 250 = ?
45-7
To calculate the additional labor budget per week required to hire the candidate at the requested rate of $9.00 per hour, we need to find the difference between the candidate's rate and the current rate, and multiply it by the number of hours per week.
First, let's find the difference between the candidate's rate and the current rate:
Requested rate: $9.00 per hour
Current rate: $8.26 per hour
The difference in rates: $9.00 - $8.26 = $0.74 per hour
Now, we can calculate the additional labor budget per week:
Number of hours per week: 30
Additional labor budget per week: $0.74 per hour * 30 hours = $22.20
So, you would need an additional labor budget of $22.20 per week to hire the candidate at the requested rate.