World Average Non-Union

• Labor
• Benefits
• Payroll Taxes & Insurance
• Supplies / Equipment
• Direct / indirect costs
• Overhead & Profit

Confidential & Proprietary | 2023 CBRE, Inc.

World Average Union

• 50%
• 23%
• 16%
• 4%
• 1%
• 6%

• 68%
• 11%
• 8%
• 4%
• 1%
• 8%

Considerations

• Labor - Regionally-based
• Government - Minimum wage
• Change in benefits
• Union / Guild / Bill 7 agreements
• Employee benefits / Statutory limits
• Supplies
• Equipment
• Communication tool requirements by Client
• Miscellaneous - uniforms, training, etc.
• Overhead & profit

Cost Components

Union

Non-Union

JAN-006 - Ver 2.0 (May 23)