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lg304621942
Lv 4
lg304621942 asked in Business & FinanceOther - Business & Finance · 1 decade ago

What percentage of a companies income is generally used for wages ?

Do major companies try to stick to a certain percentage when it comes to wages? What is the percentage?

2 Answers

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  • Ellaa
    1 decade ago
    Favorite Answer

    yes but it depends on how high ur income is.

  • Ryan M
    Lv 7
    1 decade ago

    Yes they do try to be within a certain percentage, but that percentage will vary WIDELY according to industry. A place like a law firm is probably 80-90% salaries as where a major manufacturer might be about 25% or less. It REALLY depends on what type of business you are engaged in.

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