Direct labor rates are the labor costs directly resulting in the production of a product or delivery of a service. These costs include wages as well as payroll taxes, insurance, retirement matches, ...

This article explains how the new standardized wage definition sharply increases PF, gratuity, and bonus liabilities for employers. It highlights the financial impact on payroll budgets and outlines ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...