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How much should employees' wages account for the cost of the enterprise?
There is no fixed answer to this.
The cost ratio of materials, labor and expenses in general industrial enterprises is 1/3 respectively, but the higher the degree of mechanization, the lower the proportion of labor, so it is impossible to simply consider the proportion of labor wages in income.
In general commercial enterprises, the proportion of employees' wages to total income will be very low, generally 4%-8%.
But bosses remember one sentence: the higher the salary of employees, the lower the cost of enterprises.
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