The Biggest Cost of Doing Business: A Closer Look at Labor Costs
Paycor
AUGUST 7, 2018
Labor costs, which can account for as much as 70% of total business costs, include employee wages, benefits, payroll or other related taxes. Yet, according to a Paycor survey, HR professionals only spend 15% of their time managing labor costs. As any company leader knows, the biggest cost of doing business is often labor.
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