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Re: When do YOU raise your labor rates?
Posted to Shop Management Forum on 5/25/1998 1 Reply

Brian,

As some here may know, I have preached that total production labor costs, including that part of a working foreman, should not exceed 40% of labor income. This is based on a average shop with about a 15% return on investment. Vin Waterhouse preaches 3... Login to read more.

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