Non-wage labour costs

Non-wage labour costs are social security and insurance contributions, labour taxes and other costs related to employing someone and may include:

• statutory and contractual (non-statutory) contributions covering social insurance, including retirement, healthcare, unemployment, child allowance, maternity, disability and other contingencies;
• taxes on payrolls or credits that are not directly linked to social programmes;
• cost of providing non-statutory services to employees such as additional days off work, company day-care, transportation or company cantine.

• National Insurance (United Kingdom)
• Social Security contributions in France
• Social Security funding in Germany
• Social security contributions in Spain

• Definition of Non-wage labour costs (OECD)

0.00 (0 votes) Original source: https://en.wikipedia.org/wiki/Non-wage labour costs. Read more