labor cost

  

Definition

Wages paid to workers during an accounting period on daily, weekly, monthly, or job basis, plus payroll and related taxes and benefits (if any).



Featured Tip

US Companies Offshoring Secret

Going forward, U.S. companies which have high labor costs that cannot be moved offshore will be at a substantial strategic disadvantage to their competitors. ... Read more



http://www.businessdictionary.com/definition/labor-cost.html

Search for another term






Enter your email address to get our free Term of the Day newsletter!
Privacy Policy

labor cost is...

... in the subjects
Accounting & Auditing
HR, Recruiting, Teams, & Training

Nearby Terms

Popular 'Accounting & Auditing' Terms


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z