Edouble said:
John,
This term (overburden) was used in my homework assignment without any
explanation. I think that it means: other cost (office supplies, building
expenses, etc.) associated with and added to the salary rate of the worker. I
think that I have figured it out.
Thanks for replying
Edouble,
You're welcome. Now "burden rate" is something I recognize (never heard
it called overburden). Burden rate is pretty much what you described -
cost associated with doing business over and above an employee's salary
or hourly rate (i.e. fringe benefits, utilities, etc.). You indicated
that you figured it out so I assume you mean you figured out how to
apply burden to your rate structure. If not, post again..
John
Project MVP