One thing nobody has addressed with the higher wages is the cost of everything associated with the wages. i.e. workers comp and general liability insurance, SUTA, FUTA, and the employers contribution to social security and Medicare. They are all a % of the total wages. SS & Medicare are more than 7%, workers comp VARIES depending on the job, office workers only a few %, construction workers near 20%. Not to mention other benefits like health insurance, 401K, etc. So a $3 raise can easily cost an employer $4.50 to $6.00.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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