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Labor Calculation Chart: The following table calculates the actual hourly cost of time
for people at various income levels. The value of each of your hours, even each of your
minutes, is something to bear in mind when you review your dietary record. Look at your
time as money to invest. (all below values in dollars)
Salary Salary- Benets-40% Total Value Value
-Year Week Total Salary Week Per Hour Per Minute
$5,000 96 38 135 3 .06
$6,000 115 46 162 4 .07
$7,000 135 54 188 5 .08
$8,000 154 62 215 5 .09
$9,000 173 69 242 6 .10
$10,000 192 77 269 7 .11
$15,000 288 115 404 10 .17
$20,000 385 154 538 13 .22
$25,000 481 192 673 17 .28
$30,000 577 231 808 20 .34
$35,000 673 269 942 24 .39
$40,000 769 308 1,077 27 .45
$45,000 865 346 1,212 30 .50
$50,000 962 385 1,346 34 .56
$55,000 1,058 423 1,481 37 .62
$60,000 1,154 462 1,615 40 .67
19. Equipment And Linen Rental: If you need any equipment, silverware, glassware, plates,
bowls, etc., get rm prices on cost of rental ahead of time so it can be included in the
contract.
20. Facility Rental: (if needed) Reserve the site well in advance and make sure it is included
in the deposit section of the contract. This covers you in case of customer cancellation.
21. Your Food Is Your Best Advertisement: It is important, especially in the case of catering
parties, that each item placed on a tray or in a display is given careful attention. All
members of the party are prospective clients, they eat rst with their eyes. Keep your
business cards handy.
22. Use Your Party Staff Wisely: Assign select members of your staff to pick up plates,
glasses, napkins, etc., keeping the serving area neat and tidy.