Payroll Cost refers to the total expenditure incurred by an organization for compensating its employees, including wages, salaries, bonuses, and benefits. It encompasses all financial obligations related to employee remuneration and is a critical component in budgeting and financial planning. Understanding what is payroll cost is essential for effective cost management and compliance with labor regulations.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
