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Re: Re: Speaking of volatility
I temped for about 6 years. Occasionally, I was told by the secretaries
or lower level mgrs. esp. cynics in banking and financial services, how much
Wells Fargo or whoever was paying the agency . For a $10 an hr. assignment,
they were paying $15. For $12, they were paying $18-20 on up. "Permanents"
at $15 an hour plus, say 33% for benefit costs = $20. Add time an a half for
O.T. The Big Boss Man still comes out ahead. BTW, is this 33% that I've
always heard, right? An exaggeration how much health insurence, dental, etc.
cost? Good, easy to digest data from the Dept. of Labor on benefit costs, in
various sectors, Fortune 500 vs. medium sized firms~ $100 Million or less in
sales say.
Michael Pugliese
----- Original Message -----
From: "Tom Walker" <timework@xxxxxxxxx>
To: <pen-l@xxxxxxxxxxxxxxxxxxx>
Sent: Friday, July 13, 2001 8:55 PM
>Subject: [PEN-L:15129] Re: Speaking of volatility
> Ken Hanly wrote:
>
> > In the US and Canada it would seem that temporary workers are used to
> > keep full time workers from working overtime at a higher wage.
>
> Au contraire. Temp workers and part-timers are part of the mix with
> overtime. More temp and part-time = more overtime.
>
> Tom Walker
> Bowen Island, BC
> 604 947 2213
>
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