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What percentage of revenue should be spent on salaries 2024?

Harper Cooper | 2023-05-08 00:38:45 | page views：1168
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Mia Coleman

Studied at University of California, Berkeley, Lives in Berkeley, CA
Total labor costs, or percentage of gross revenues spent on payroll, vary dramatically by industry. Highly automated oil refineries and semiconductor plants might have labor costs of less than 10 percent, whereas restaurants average around 30 percent labor costs.
2023-05-16 00:38:45
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Lucas Rogers

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Total labor costs, or percentage of gross revenues spent on payroll, vary dramatically by industry. Highly automated oil refineries and semiconductor plants might have labor costs of less than 10 percent, whereas restaurants average around 30 percent labor costs.
How Much of Gross Revenue Should Go to Payroll? | Chron.com
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