You are a supply chain analyst that has been assigned to determine the cost per hour difference
Question:
You are a supply chain analyst that has been assigned to determine the cost per hour difference between a minimum wage employee working 40 hours per week 52 weeks located in Toronto, Ontario, Canada and (see below). The comparison for the assignment is between Toronto Ontario and Louisville Kentucky in the USA. The calculations are to include the employer’s contribution for the employment insurance, health care costs, minimum vacation requirements, and government pension plans.
Do not include any state level unemployment insurance premiums - only use the federal amounts. The facility will have 501 minimum wage employees and it will be in the distribution center. Since the establishment of a new distribution centre is a strategic issue, one is to use the current exchange and a logical fact based forecast of the exchange in 5 years’ time as reference points.
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto