Definition of «salary expenses»

Salary expenses refer to the costs incurred by an employer for paying their employees' salaries. These expenses include wages, bonuses, and other forms of compensation paid to employees as part of their remuneration package. Salary expenses are a key component of an organization's overall operating costs and can have a significant impact on the company's profitability.

Sentences with «salary expenses»

  • You could substantially improve your productivity ratio by leveraging basic systems technology — allowing you to reduce salary expenses or grow without employing more support staff. (bclma.org)
  • About half of the increase in administrative costs is due to a rise in in salary expenses. (hechingerreport.org)
  • Keeping aside salary expenses, the cost of training, customer complaints, and hiring replacements that keep adding up in the long run. (entrepreneur.com)
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