The single largest cost of running a funeral home comprises salaries, benefits and employment taxes. Together, they make up employee compensation. In the 1980s, when some casket companies spent $250,000 on their NFDA booth build-out and another million dollars on an extravagant cocktail party during the convention, the cost of goods was about 20% to 25% of revenue while compensation typically ranged from 26% to 40%.
How to Navigate a Late Career Change in an AI-Driven World
Mid-career professionals with mortgages, families, and years of hard-won identity tied to work are feeling the ground shift under them. AI-driven job disruption can make a steady role suddenly feel fragile, and the emotional impact of automation often lands as...