Payroll Expense

[bsilcox]

Good Morning All;

Re:Total Personnel Expense as a % of Dept. Gross Benchmark?

What should it be for a Domestic Store with a small satellite Mazda Store Combined

Would everybody please give me where you are or a group benchmark?

My % of gross is 34.4% YTD thru June 2009

Thanks a Bunch;

Bob

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Bob Silcox

[sermgreby]

We are a GM store with a small Mitsubishi operation in our statement and are 44% of GP before owners salary is added in.

[Jim Shaw]

The benchmark percentage will be different depending on whether or not the Body Shop is getting a percentage of the Parts Gross Profit. Assuming they are not, the benchmark should be 38%, which can be tough to get to. 34.4% is a great job, but you might want to check to be sure your people are expensed to the right departments, both allocated and un-allocated. I would be concerned that there's something missing from that figure.


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JS
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