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Meaning of "labour costs" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF LABOUR COSTS

labour costs  [ˈleɪbə kɒsts] play
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GRAMMATICAL CATEGORY OF LABOUR COSTS

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Labour costs is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES LABOUR COSTS MEAN IN ENGLISH?

Wage

A wage is monetary compensation paid by an employer to an employee in exchange for work done. Payment may be calculated as a fixed amount for each task completed, or at an hourly or daily rate, or based on an easily measured quantity of work done. Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers to all forms of employee compensation.

Definition of labour costs in the English dictionary

The definition of labour costs in the dictionary is the charges incurred when employing labour; the wages, etc, paid to workers, esp those employed to do physical work.

WORDS THAT RHYME WITH LABOUR COSTS


chemist´s
ˈkemɪsts
costs
kɒsts
druggist´s
ˈdrʌɡɪsts
firsts
fɜːsts
florist´s
ˈflɒrɪsts
interests
ˈɪntrəsts
lists
lɪsts
oncosts
ˈɒnˌkɒsts
wastes
weɪsts

WORDS THAT BEGIN LIKE LABOUR COSTS

labour
labour agreement
Labour and Socialist International
labour camp
labour charges
Labour Day
labour exchange
labour force
labour law
labour market
Labour movement
labour of love
labour pains
Labour Party
labour relations
labour shortage
labour supply
labour unrest
labour ward
labour-intensive

WORDS THAT END LIKE LABOUR COSTS

bill of costs
fixed costs
general costs
indirect costs
legal costs
Lord of Hosts
maintenance costs
move the goalposts
overhead costs
postage costs
production costs
relocation costs
running costs
salvage costs
start-up costs
sunk costs
warehousing costs

Synonyms and antonyms of labour costs in the English dictionary of synonyms

SYNONYMS

Translation of «labour costs» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF LABOUR COSTS

Find out the translation of labour costs to 25 languages with our English multilingual translator.
The translations of labour costs from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «labour costs» in English.

Translator English - Chinese

劳动力成本
1,325 millions of speakers

Translator English - Spanish

los costes laborales
570 millions of speakers

English

labour costs
510 millions of speakers

Translator English - Hindi

श्रम लागत
380 millions of speakers
ar

Translator English - Arabic

تكاليف العمالة
280 millions of speakers

Translator English - Russian

затраты на рабочую силу
278 millions of speakers

Translator English - Portuguese

custos trabalhistas
270 millions of speakers

Translator English - Bengali

কর্মচারী খরচ
260 millions of speakers

Translator English - French

les coûts de main-d´œuvre
220 millions of speakers

Translator English - Malay

kos buruh
190 millions of speakers

Translator English - German

Arbeitskosten
180 millions of speakers

Translator English - Japanese

人件費
130 millions of speakers

Translator English - Korean

노동 비용
85 millions of speakers

Translator English - Javanese

Biaya tenaga kerja
85 millions of speakers
vi

Translator English - Vietnamese

chi phí lao động
80 millions of speakers

Translator English - Tamil

தொழிலாளர் செலவுகள்
75 millions of speakers

Translator English - Marathi

मजूरी
75 millions of speakers

Translator English - Turkish

Işçilik masrafları
70 millions of speakers

Translator English - Italian

costo del lavoro
65 millions of speakers

Translator English - Polish

koszty pracy
50 millions of speakers

Translator English - Ukrainian

витрати на робочу силу
40 millions of speakers

Translator English - Romanian

costurile forței de muncă
30 millions of speakers
el

Translator English - Greek

το κόστος εργασίας
15 millions of speakers
af

Translator English - Afrikaans

arbeidskoste
14 millions of speakers
sv

Translator English - Swedish

arbetskraftskostnader
10 millions of speakers
no

Translator English - Norwegian

lønnskostnader
5 millions of speakers

Trends of use of labour costs

TRENDS

TENDENCIES OF USE OF THE TERM «LABOUR COSTS»

The term «labour costs» is regularly used and occupies the 79.083 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
63
/100
The map shown above gives the frequency of use of the term «labour costs» in the different countries.
Principal search tendencies and common uses of labour costs
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «labour costs».

FREQUENCY OF USE OF THE TERM «LABOUR COSTS» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «labour costs» during the past 500 years. Its implementation is based on analysing how often the term «labour costs» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about labour costs

EXAMPLES

10 ENGLISH BOOKS RELATING TO «LABOUR COSTS»

Discover the use of labour costs in the following bibliographical selection. Books relating to labour costs and brief extracts from same to provide context of its use in English literature.
1
The Economics of Non-Wage Labour Costs (Routledge Revivals)
The book focuses on two major areas of enquiry: firstly, the costs for the cyclical behaviour of employment, and secondly, the role of average working hours per employee in the firm’s overall allocation of labour services.
Bob Hart, Robert A. Hart, 2011
2
Human Resource Management in the Hospitality Industry: A ...
Likewise, it must be recognized that labour costs are partly fixed and partly variable, so if trade drops dramatically there is a point beyond which labour costs can no longer be reduced to maintain them within the normally accepted percentages ...
Michael Boella, Steven Goss-Turner, 2013
3
Key Indicators of the Labour Market
The indicator also shows the amount of non-wage labour costs as a percentage of total compensation costs, as well as the annual percentage change in total compensation costs over the period 1980-2001. As seen in tables 17a and 17b, this ...
International Labour Office, 2003
4
Europe's Automotive Industry on the Move: Competitiveness in ...
In EU-15 countries the growth of hourly labour costs regularly exceeds the growth of value added deflator whereas in the US the reverse is true. Taken together, labour cost development in the US strengthened the price competitiveness of the  ...
Oliver Heneric, Georg Licht, Wolfgang Sofka, 2006
5
European Labour Law
Lower labour and social standards in some Member States may entail lower indirect labour costs for enterprises in those Member States. The result is to give enterprises in those countries with lower indirect labour costs a competitive ...
Brian Bercusson, 2009
6
Technology and Employment in Footwear Manufacturing: A Study ...
Consequently sewing labour costs are considerably higher per pair in factory I, which also has higher labour costs in the shoemaking process. Labour costs for cutting are lower in factory I, although this operation is done manually; however, ...
Gerard K. Boon, 1980
7
Unemployment and Labour Market Flexibility: The Netherlands
Non-wage labour costs as a percentage of total labour costs, selected OECD countries, 196S-83 (wage earners in manufacturing) Country 1965 1970 1975 1980 1985 1986 n.a. - not available. 1 Excluding the costs of vocational training and ...
Chris de Neubourg, 1990
8
Labour Issues in the Context of Economic Integration and ...
Flexibility, labour costs and productivity with protection The fourth challenge entails aligning labour costs with the level of productivity in order to increase international competitiveness. As pointed out, the majority of enterprises in the region, ...
Willi Momm, 1999
9
Unemployment and Labour Market Flexibility: Finland
Perhaps the most widely discussed issue is the role of non-wage labour costs, the claim being that in European economies international competitiveness has been undermined by high and rising labour costs, which are more inflexible ...
Reija Lilja, Tuire Santamäki-Vuori, Guy Standing, 1990
10
International Labour Review
Labour costs and competitiveness Are Palestinian labour costs competitive? Available data allow one to derive unit labour cost in manufacturing for the years 1998-2002 (table 5). The cost of labour per unit of output declined at first from 0.30, ...
Organisation internationale du travail, Bureau international du travail

10 NEWS ITEMS WHICH INCLUDE THE TERM «LABOUR COSTS»

Find out what the national and international press are talking about and how the term labour costs is used in the context of the following news items.
1
The right balance | Business Standard Breakingviews
Ever since, Germany's labour costs have risen faster than those of the overall euro zone. And the higher pay packets are already working. «Business Standard, Jul 15»
2
Film producer says new N.S. incentives are workable for industry …
Under the former program Posner said his production stands to get a rebate of 50 per cent of its labour costs. He said that means the film will ... «CTV News, Jul 15»
3
Japan scraps Zaha Hadid's Tokyo 2020 Olympic Stadium - Dezeen
Hadid is blaming labour costs while analysts blame the extravagant retractable roof. http://www.nathanadams.net/ Nathan. I didn't hate the ... «Dezeen, Jul 15»
4
China's Brics balancing act | GulfNews.com
Moreover, with many of the factors that have fueled the Brics' rapid growth — including relatively low labour costs, rising productivity, trade ... «gulfnews.com, Jul 15»
5
'Alarm bells should be ringing' | The Budapest Times
It's also true, however, that labour costs are fading more and more into the background at many companies due to highly modernised ... «Budapest Times, Jul 15»
6
Living wage could be a bitter blow, Wetherspoon's boss Tim Martin …
“Increased labour costs therefore affect pubs with far greater force than supermarkets”, Martin said. Operating margins have shrivelled, too, ... «Celebrity Cafe - Entertainment News, Jul 15»
7
Living wage 'risks hurting jobs and investment' - Telegraph
But it warned that some companies may reduce employment and investment amid mounting labour costs. "There is a clear risk that companies ... «Telegraph.co.uk, Jul 15»
8
This Japanese hotel has robot dinosaur staff · The42
... this hotel in southwestern Japan, aptly called Weird Hotel, is “manned” almost totally by robots to save labour costs. Hideo Sawada, who runs ... «The42.ie, Jul 15»
9
German labour costs rise at just the right pace
A new minimum wage, an increasing shortage of skilled workers and palpable pay hikes are pushing German wage costs upward. But the ... «Breakingviews, Jul 15»
10
China's rising labour costs, tougher environmental laws, and attitude …
"Rising labour costs, tougher environmental laws, and tighter credit availability" were viewed as the major challenges for the industry in a report ... «ABC Online, Jul 15»

REFERENCE
« EDUCALINGO. Labour costs [online]. Available <https://educalingo.com/en/dic-en/labour-costs>. Apr 2024 ».
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