Labor Costing Formulas
LABOR COSTING FORMULAS 

Gross pay 
Hours worked x rate per hour or number of units produced x rate per unit 
Halsey scheme 
50% of time saved x rate per hour 
Halsey Weir scheme 
1/3 of time saved x rate per hour 
Rowan scheme 
(time taken/time allowed x time saved) x rate per hour 
Time saved 
time allowed – time taken 
Labor turnover 
Avg no of employees leaving who have to be replaced Â x 100 average number employed 
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