Non-wage labour costs are
social security
Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specificall ...
and insurance contributions, labour
taxes
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or ...
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.
See also
*
National Insurance (United Kingdom)
*
Social Security contributions in France
*
Social Security funding in Germany
*
Social security contributions in Spain
External links
Definition of Non-wage labour costs (OECD)
{{Authority control
Costs
Social security
Withholding taxes