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- Labor_burden abstract "Labor burden is the actual cost of a company to have an employee, aside from the salary the employee earns. Labor burden costs include benefits that a company must, or chooses to, pay for employees included on their payroll. These costs include but are not limited to payroll taxes, pension costs, health insurance, dental insurance, and any other benefits that a company provides an employee.Labor burden cost is important to compute and understand because it includes a variety of significant costs that are often viewed as company overhead, but are in fact, costs related to employment. Many businesses fail because they focus simply on payroll and payroll taxes, and neglect to consider the entire actual cost required to enable an employee to perform the work he or she was hired to do.Fully burdened costs for individual employees can be expressed as a yearly total to provide an estimate of how much the company will spend that year on an employee. It can also be expressed as an hourly cost by dividing the total yearly cost by the number of hours the employee will work. This number is often 50% to 150% higher than the gross hourly wage. As costs are often used as the basis for pricing services or products, this is why it is so critical to obtain an in-depth understanding of the true cost of an employee.".
- Labor_burden wikiPageID "39649787".
- Labor_burden wikiPageLength "1732".
- Labor_burden wikiPageOutDegree "8".
- Labor_burden wikiPageRevisionID "648947983".
- Labor_burden wikiPageWikiLink Category:Construction.
- Labor_burden wikiPageWikiLink Dental_insurance.
- Labor_burden wikiPageWikiLink Direct_labor_cost.
- Labor_burden wikiPageWikiLink Health_insurance.
- Labor_burden wikiPageWikiLink Overhead_(business).
- Labor_burden wikiPageWikiLink Payroll_tax.
- Labor_burden wikiPageWikiLink Pension.
- Labor_burden wikiPageWikiLink Wage.
- Labor_burden wikiPageWikiLinkText "Labor burden".
- Labor_burden wikiPageUsesTemplate Template:Refimprove.
- Labor_burden wikiPageUsesTemplate Template:Reflist.
- Labor_burden subject Category:Construction.
- Labor_burden hypernym Cost.
- Labor_burden type Organisation.
- Labor_burden comment "Labor burden is the actual cost of a company to have an employee, aside from the salary the employee earns. Labor burden costs include benefits that a company must, or chooses to, pay for employees included on their payroll.".
- Labor_burden label "Labor burden".
- Labor_burden sameAs Q17119428.
- Labor_burden sameAs m.0vzts8h.
- Labor_burden sameAs Q17119428.
- Labor_burden wasDerivedFrom Labor_burden?oldid=648947983.
- Labor_burden isPrimaryTopicOf Labor_burden.