Define: Employment Costs
Employment Costs means all financial benefits including salaries, wages, commissions, bonuses, holiday pay, sick pay, pension contributions, and national insurance contributions made towards an employee.
Employment Costs means all financial benefits including salaries, wages, commissions, bonuses, holiday pay, sick pay, pension contributions, and national insurance contributions made towards an employee.
Relevant Circumstances
- Hiring an employee
- Contract renewals
- Promotions and bonuses
- Staff reductions or layoffs
- Business mergers or acquisitions