Labor Burden Calculator

[ˈleɪbə ˈbɜːdn̩ ˈkælkjʊleɪtə]

The labor burden calculator, is used to calculate the cost for each employee; or a labor burden calculator helps an organization to work out the cost for an employee.

A labor burden calculation includes employee benefits that the organization already offers or is planning to offer; the cost also includes other expenses such as: health insurance, dental insurance, payroll taxes, pension costs and any other compensations. Employee’s paid time off such as holidays, training and sick leave are also included in the calculation.

Part of speech:
Use in a sentence:
It is important that every organisation uses a labor burden calculator.
Labor Burden Calculator