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?
30 * 9 = 270
270 - 250 = ?
your sales is 22.295 compared to last year sales. How much of a precentage is it up
20
To calculate the additional labor budget needed to hire the candidate at the requested rate, we need to find the difference between the candidate's requested wage and the current wage for part-time associates, and multiply it by the number of hours they will be working.
First, let's calculate the wage difference:
Requested wage per hour - Current wage per hour ($9.00 - $8.26) = $0.74
Now, we multiply the wage difference by the number of hours the candidate will work:
$0.74 × 30 hours = $22.20
Therefore, you would need an additional labor budget of $22.20 per week in order to hire the candidate at the requested rate.