Hiring Budgets

Assignments:

1. Meet with your accountant to discuss payroll budgets

2. Divide that overall budget into per department budgets

3. Analyze if you can do a task for less with software vs a hourly rates

4. Project the increase in revenue for one position in your company

5. Is there someone that can do the job for less?

6. How can you streamline current workflows to decrease labor costs?

 

Videos:

Introduction

Set a budget for payroll

Finding the money to hire

What is the new hire cost?

How long before the new hire contributes to the bottom line?