How do I set wage levels?

Wage levels are calculated using position importance and skill required as criteria. Consult your trade association and accountant to learn the most current practices, cost ratios, and profit margins in your business field. While there is a minimum wage set by federal law for most jobs, the actual wage paid is entirely between you and your prospective employee.
 


40 votes


SBA Direct

Find Information On:

Get Local Assistance:

Find counseling, mentoring, and training near you.

join the community

success_story-akimeka llc.JPG
Infusing values taken directly from his Hawaiian culture – cooperation, leadership, family, generosity and harmony – Vaughn...
Success_Story-HazemuthInc.JPG
Things have changed over the past 20 years for Craig Hartzell and his company, Azimuth Inc. The Service Disabled Veteran-owned Small Business...
Samuel Sinel
2011 Rhode Island and New England Jeffrey Butland Family-Owned Business of the Year         “One man’...