Convert EC to wages

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    IMPLAN Support
    Hi Yan, To separate out the benefits and payroll taxes in Employee Compensation, you take the EC number by the ratio to get your Labor Income. Wage & Salary will always be less than Employee comp so the the number used to divide will be >1.0. Thanks!
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    ysshopper
    Thanks for your reply. Just want to confirm: If I run the scenario, and get the impact summary results, based on Labor Income impact, I can calculate "wages&salary = LaborIncome / ratio (i.e, EC_income ration >1.0) by industry(sector) For example, for sector 115, impact on total labor Income= $19,8000,000, and EC ration =1.68, so the wages&salary impact = $19,8000,000 /1.68 =11,785,714
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    IMPLAN Support
    Hi Yan. Your equation is correct however I believe that you are just missing a zero in your answer. As $198,000,000/1.68 = 117,857,142. Thanks!
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