EFuturesCFO · Hospitality Suite
Labor Cost & Staffing Planner
Model departmental staffing, labor cost as a percentage of revenue, overtime, agency usage, and seasonal workforce planning.
Executive Summary
Department Labor
Staffing Optimization Levers
Quarterly Labor Cost & FTEs
Methodology
Department cost = FTEs × Avg Wage × (1 + Benefits Rate). OT cost = Base × OT% × OT Premium. Agency cost = Base × Agency% × (1 + Agency Premium). Labor % = Total Labor ÷ Revenue. Turnover cost = Turnover FTEs × Cost/FTE × Multiple.