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A GUIDE TO RETAIL IMPACT STUDIES <br />This table, showing space allocation and sales by line of goods, is from a 1993 impact analysis <br />prepared on behalf of the state of Vermont for a proposed retail development in St. Albans. <br />Estimating Jobs and Wages at the Proposed Store <br />The analysis of business practices will provide enough data to estimate jobs, wages, and <br />benefits for local workers. These estimates may vary substantially from those presented by <br />project proponents. The goal here is primarily to determine the share of store revenue that will <br />be paid to local workers in the form of wages and benefits. <br />(G&A), which contains all labor costs and a number of other items, typically enumerated in a <br />footnote. The task of the analyst is to extrapolate from that gross figure the future spending on <br />wages and benefits in the proposed new store. Filings and investment reports and the specific <br />expertise of the consultant will often provide additional detail for that task. However, under all <br />but the most unusual circumstances, the analyst should err on the side of allocating spending to <br />labor at the retail level, in individual stores. If portions of the G&A line item cannot be <br />reasonably isolated, that should be assumed to occur in the individual markets where the <br />company operates stores. <br />The estimate of local labor costs will be expressed as a share of total revenue. In order to lay <br />the groundwork for forecasting employment change, these values should also be expressed as <br />total jobs (both full-time and part-time) per unit of revenue. If credible data sources make it <br />possible, wage and employment may be further broken down to reflect hourly work and the <br />range of job types to be provided. <br />8 <br /> <br />