What is another word for labor costs?

7 synonyms found


[ lˈe͡ɪbə kˈɒsts], [ lˈe‍ɪbə kˈɒsts], [ l_ˈeɪ_b_ə k_ˈɒ_s_t_s]

Labor costs refer to the expenses incurred by companies in hiring and retaining their employees. It is a significant aspect of running a business that needs to be managed and controlled for profitability. However, the term "labor costs" can sometimes become monotonous when used repeatedly. To make your language more engaging and professional, you may consider using synonyms such as "personnel expenses," "wage costs," "staff expenditures," or "employee overheads." These words may provide a more refined and descriptive narrative for your readers and help create a unique voice for your brand. Ultimately, the right synonym can uplift your writing and make it more impactful.

Related words: increased labor cost, labor cost report, labor cost trends, labor cost forecast, labor cost projections, average labor cost, average hourly labor cost, average daily labor cost

Related questions:

  • What is an increase in the labor costs?
  • What is the average hourly labor costs are in the united states?
  • What is the average daily labor cost in the united states?

    Synonyms for Labor costs:

    How to use "Labor costs" in context?

    The cost of labor is a major factor in product pricing. The three main factors affecting labor costs are the number of workers employed, their skills, and the amount of hours worked.

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