In: Economics
non-wage labour costs affect the number of workers firms wish to hire.discuss three types of non-wage labour costs.
(a) employers expenditure for legally required insurance
programmes and private benefit plans (retirement pensions, health
insurance , child allowance)
(b) Taxes on payrolls ( taces imposed on employees and
employers
(c)cost of providing non-law services to employees such as additional days off work, day-care, transportation or company cantine , free internet facility when doing work from home.