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It's a challenge for organizations to understand the total cost of labor, even though it's their biggest cost," says Jill Schwieters, president, Pinstripe Healthcare, Brookfield, Wis.
Expenses covered by School Building Aid include construction costs--such as the total cost of labor and materials--site development, cost of purchasing new buildings, land purchase--including land for buildings--parking lots and playing field, planning and design costs, construction equipment and furniture and fixtures.
Factoring in the total cost of labor ($10 per hour for wages and benefits) with the time involved to change the label, a 125-store chain would spend $5208.