09/07/2026
Happy Labor Day! As we honor workers today, itβs a great time for business owners to look at their single largest expense: labor.
Many business owners only look at gross hourly wages or salaries, completely missing employer payroll taxes, workers' compensation insurance, benefits, and software fees. Your true labor burden can be 15% to 30% higher than base pay.
Do you track your total employer labor burden or just base wage payouts? Tell us in the comments! π
π Audit your payroll tracking with Keystone Crest link in the comments.