Hi there. I work for a small retail business.
I'm wondering how much money we would have to bring in yearly to pay for a new employee?
So say we pay our new employee $40,000/year... what $$$ sales would we have to generate that year to have that person paid for, with everything on top profit?
I know this is a basic question and feel dumb that I don't know the answer, so hopefully someone can answer me!
Thanks very much.
I'm wondering how much money we would have to bring in yearly to pay for a new employee?
So say we pay our new employee $40,000/year... what $$$ sales would we have to generate that year to have that person paid for, with everything on top profit?
I know this is a basic question and feel dumb that I don't know the answer, so hopefully someone can answer me!
Thanks very much.
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