Table of Contents

1. Sales vs Labor Report Introduction
2. Sales vs Labor: Summary
3. Sales vs Labor: Net Sales Details
4. Sales vs Labor: Today's Staff

Sales vs Labor Report Introduction

The Sales vs Labor report is essential for evaluating the relationship between net sales and labor costs, offering a comprehensive overview of financial performance and workforce management. It provides insights into labor resource allocation and its impact on revenue, helping businesses optimize staffing and efficiency. Key metrics include hourly, management, and total labor costs, crucial for understanding labor expenditure compared to net sales. Detailed data analysis and calculations provide actionable insights for better decision-making and sustainable growth.

Key reports included:

• Sales vs Labor Summary: Evaluates the relationship between net sales and labor costs, providing insights into labor expenditure's financial dynamics in comparison to revenue generation.
• Net Sales Details: Offers a breakdown of total net sales and non-exempt labor costs, facilitating a deeper understanding of labor's contribution to overall revenue.
• Today’s Staff: Presents data on clocked-in and clocked-out employees for the current day, enabling businesses to optimize staffing levels based on real-time employee availability and activity.

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Sales vs Labor: Summary  

• Hourly Labor Cost ($): The total expense for non-exempt employee labor.
• Hourly Labor Cost (%) (Non-exempt): The percentage of total net sales spent on non-exempt employee labor.
• Management Labor Cost ($): The total expense for exempt employee labor.
• Management Labor Cost (%) (Exempt): The percentage of total net sales spent on exempt employee labor.
• Total Labor Cost ($): The combined expense of non-exempt and exempt employee labor.
• Total Labor Cost (%): The total percentage of net sales used to cover all labor costs.
• Total Net Sales: The total revenue generated from sales after accounting for discounts, comps, and refunds.

Formulas:

• Hourly Labor Cost (%) (Non-exempt) = (Hourly Labor Cost / Total Net Sales) * 100
• Management Labor Cost (%) (Exempt) = (Exempt Labor Cost / Total Net Sales) * 100

Sales vs Labor: Net Sales Details

The Net Sales Details section provides a breakdown of total net sales and non-exempt labor costs, offering insights into the financial performance of labor expenditure throughout the day. This section facilitates a deeper understanding of how labor costs contribute to overall net sales, allowing businesses to make informed decisions regarding labor management and resource allocation. Additionally, the data table presents detailed information on time intervals, net sales, paid hours, revenue centers, total paid amounts, and labor cost as a percentage of net sales.

Data Table:

The data table in the Sales vs Labor: Today’s Staff Report includes the following columns:

• Time: Time intervals representing specific hours of the day.
• Net Sales ($): Total revenue generated from sales during each time interval.
• Total Paid Hours: The total number of hours for which employees are paid during each time interval.
• Revenue Center: The specific area or department where sales transactions occur.
• Total Paid ($): The total amount paid to employees for their work during each time interval.
• Labor Cost / Net Sales %: The percentage of net sales allocated to labor costs during each time interval.

Formulas:

• Total Paid ($) - Total non-exempt labor cost within the time interval
• Labor Cost / Net Sales % = (Total Paid /Net Sales)*100

Sales vs Labor: Today's Staff

The Today’s Staff section presents data on clocked-in and clocked-out employees for the current day, providing valuable insights into workforce availability and staffing levels. This section enables businesses to optimize staffing requirements based on real-time employee data, enhancing operational efficiency and customer service delivery.

Data Table:

The data table in the Sales vs Labor: Today’s Staff Report includes the following columns:

• Employee: The name of the employee who is clocked in or out for the current day.
• Date: The date of the recorded employee activity.
• Assignment: The job assignment or role of the employee.
• Clock In: The time at which the employee clocks in for work.
• Clock Out: The time at which the employee clocks out after completing their shift.
• Paid Hours: The total number of hours for which the employee is paid.
• Hourly Rate ($): The hourly wage or rate of pay for the employee.
• Paid ($): The total amount paid to the employee for their work during the day.
• Total Sales ($): The total net sales generated by each employee during their shift.