In enterprises, labor costs are very important, and the labor costs of enterprises are often considered as the expenditure of wages or wages and benefits, but they are not.
First of all, labor costs are not equal to wages. Labor cost refers to the sum of all direct and indirect expenses paid by enterprises for production, operation and provision of labor services in a certain period of time. If the enterprise pays employees 1000 yuan, then the labor cost will never be direct 1000 yuan, and there are other indirect expenses.
In short, labor costs include total wages, social insurance, welfare, education, housing and other labor costs.
Extended data:
According to the characteristics of human resources and their management, human costs can be divided into five categories: acquisition cost, development cost, use cost, guarantee cost and loss cost.
1. Acquisition cost: Acquisition cost is the cost incurred by an organization in the process of recruiting and recruiting employees. It mainly includes recruitment cost, selection cost, employment cost and placement cost.
2. Development cost: In order to improve work efficiency, the organization also needs to train the acquired human resources to make them have the expected business level that meets the requirements of specific jobs. This cost of improving employees' skills is called development cost.
3. Use cost: refers to the cost incurred by the organization in the process of using employees. It mainly includes maintenance cost, incentive cost and adjustment cost.
4. Guarantee cost: refers to the expenses that must be paid to protect human resources' right to subsistence when they lose their use value temporarily or for a long time, including labor accident protection, health protection, retirement pension protection, unemployment protection and other expenses.
References:
Baidu Encyclopedia-Labor Cost