Kelcey Thompson With Applied Management Group Presents:
Costs and Effects of Labor
"Critical mass is the minimum amount of something required to start or maintain a venture. The minimum amount! Hmm let’s think about that for a moment….
Within business we never want to have just the minimum amount of money to pay our bills. Nor do we want to provide our customers with the minimum amount of customer service. We don’t work as hard as we do to only have or provide the minimum.
All of us business owners know what it takes to run a business. We all strive on a daily basis to be the best that we can be and never “settle”; that’s not in our nature, that’s not who we are. If it was we wouldn’t be in business. Why are podcasts and books on cd’s so popular – it’s because we toil every minute that we have to learn and grow – usually the only free time we have is in the car or running from place to place. So we fill that space with knowledge.
Why is it then that when it comes to one of the most critical aspects to our businesses we guess? As we know it’s not in our nature nor do we like to do it but we do it anyway!
So what is behind it All:
Burdened Labor Costing (BLC); I wrote about it in my last blog. I wanted to dive deeper to give you a better understanding of what it really is and why we spend so much of our time and effort on it.
First you need to know what it is – BLC is the sum of your direct labor, taxes, benefits, vehicle costs (if applicable) and an adjusted percentage of your indirect labor and overhead costs associated with a specific department and individual. Or simply put the sum of the costs associated with an employee and their vehicle (if applicable) per hour. Or even more simply put – what does that employee costs you every hour of every day?
We have been asked why we call it Burdened Labor verses loaded labor – we have found that when the term loaded labor is used it is used in reference to just some of the costs associated with having an employee – and even those costs vary. Loaded labor doesn’t usually include overhead, indirect labor and all expenses required. It usually provides a quick view of the employees pay rate along with some taxes and benefits.
You need complete visibility to make informed decisions.
So what is the meaning of it All:
Well let’s go back to the beginning – critical mass. We already know we don’t like running our businesses at critical mass; it is not acceptable in so many areas. But in one area critical mass is critical! Your BLC is your critical mass when setting your retail labor rates. Why because your BLC – is the minimum amount of something required to start or maintain a venture – it is the minimum amount of information you need! Calculate your BLC today with the Apex eSuite Burdened Labor Costing SaaS program.
Take control, move forward, set proper retail labor pricing and see the profitability you have worked so hard for. Don’t settle for critical mass – unless it’s your BLC!"
For more information on this topic please view the following podcast and/or webinar!
Webinar: (Must register in order to view) attendee.gotowebinar.com/recording/1498204818805452033
Matt Ingraham from Integrated Risk Solutions presents,
OSHA Silica Final Rule
"OSHA announced a final rule on March 24 to improve protections for workers exposed to respirable silica dust. According to the agency, the silica rule will curb lung cancer, silicosis, chronic obstructive pulmonary disease and kidney disease in workers by limiting their exposure to respirable crystalline silica.
OSHA is issuing two standards to protect workers from exposure to respirable crystalline silica — one for construction and the other for general industry and maritime — in order to allow employers to tailor solutions to the specific conditions in their workplaces.
OSHA says the final rule will:
Employers covered by the construction standard have until June 23, 2017 to comply with most requirements. Construction employers can either use a control method or they can measure workers’ exposure to silica and independently decide which dust controls work best to limit exposures to the PEL in their workplaces. Regardless of which exposure control method is used, all construction employers covered by the standard are required to:
1. Establish and implement a written exposure control plan that identifies tasks that involve exposure and methods used to protect workers, including procedures to restrict access to work areas where high exposures may occur.
2. Designate a competent person to implement the written exposure control plan. Restrict housekeeping practices that expose workers to silica.
3. Offer medical exams — including chest X-rays and lung function tests — every three years for workers who are required by the standard to wear a respirator for 30 or more days per year.
4. Train workers on work operations that result in silica exposure and ways to limit exposure.
5. Keep records of workers’ silica exposure and medical exams.
Employers covered by the general industry and maritime standard have until June 23, 2018 to comply with most requirements. Additional time is provided to offer medical exams to some workers and for hydraulic fracturing employers to install dust controls to meet the new exposure limit. The standard requires general industry and maritime employers to:
1. Measure the amount of silica that workers are exposed to if it may be at or above an action level of 25 μg/m3 (micrograms of silica per cubic meter of air), averaged over an 8-hour day.
2. Protect workers from respirable crystalline silica exposures above the permissible exposure limit of 50 μg/m3, averaged over an 8-hour day.
3. Limit workers’ access to areas where they could be exposed above the PEL.
4. Use dust controls to protect workers from silica exposures above the PEL.
5. Provide respirators to workers when dust controls cannot limit exposures to the PEL.
6. Restrict housekeeping practices that expose workers to silica where feasible alternatives are available.
7. Establish and implement a written exposure control plan that identifies tasks that involve exposure and methods used to protect workers.
8. Offer medical exams — including chest X-rays and lung function tests — every three years for workers exposed at or above the action level for 30 or more days per year.
9. Train workers on work operations that result in silica exposure and ways to limit exposure.
10. Keep records of workers’ silica exposure and medical exams.
If your company generates respirable silica dust at any point in time this standard applies to you. Exposures in common workplace operations involving cutting, sawing, drilling, and crushing of concrete, brick, block, rock, and stone products, and operations using sand products.
For additional information and training resources regarding the new rule for Silica in construction or general industry please contact Matt Ingraham at 262-993-2937, or access the link below that will direct you to OSHA’s Crystalline Silica website. "
OSHA’s Crystalline Silica Rule Website
Sources: OSHA, Integrated Risk Solutions