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2. Service Labor Time Standards - Wikipedia

   en.wikipedia.org/wiki/Service_Labor_Time_Standards

   Service Labor Time Standards (SLTS) are used by automotive manufacturers to determine the time required to repair a particular malfunctioning part on one of their automobiles. The SLTS is the benchmark for other aftermarket repair facilities to determine how much to charge customers when they have their vehicle repaired.

3. All-in rate - Wikipedia

   en.wikipedia.org/wiki/All-in_rate

   For labor, this would include the hourly wage, as well as additional costs such as insurance, taxes, and statutory contributions. [2] General Definition: An all-in rate, regardless of the industry, represents the comprehensive cost of a product or service, including all associated fees and expenses.

4. Prevailing wage - Wikipedia

   en.wikipedia.org/wiki/Prevailing_wage

   Federal rates are calculated based on regulations established by the US Department of Labor.According to Code of Federal Regulations, "The prevailing wage shall be the wage paid to the majority (more than 50 percent) of the laborers or mechanics in the classification on similar projects in the area during the period in question.

5. Direct labor cost - Wikipedia

   en.wikipedia.org/wiki/Direct_labor_cost

   Direct labor cost is a part of wage-bill or payroll that can be specifically and consistently assigned to or associated with the manufacture of a product, a particular work order, or provision of a service. Also, we can say it is the cost of the work done by those workers who actually make the product on the production line.

6. Wage labour - Wikipedia

   en.wikipedia.org/wiki/Wage_labour

   Civil (legal) status – the worker could for example be a free citizen, an indentured labourer, the subject of forced labour (including some prison or army labour); a worker could be assigned by the political authorities to a task, they could be a semi-slave or a serf bound to the land who is hired out part of the time. So the labour might be ...

7. The US labor market isn't putting pressure on the Fed's plans ...

   www.aol.com/finance/us-labor-market-isnt-putting...

   The Job Openings and Labor Turnover Survey (JOLTS) showed the hiring rate held flat at 3.4% in December and is hovering near its lowest levels of the past decade.