How to calculate the labor cost

Labor costs = total wages of employees+social insurance costs+welfare costs+education costs+labor protection costs+housing costs+other labor costs.

Recruitment costs mainly include direct labor costs and direct business expenses of the recruiter, such as recruitment negotiation meeting fees, travel expenses, agency fees, advertising fees, publicity materials fees, office expenses, utilities and so on. There are also indirect costs, including management fees, temporary venues and equipment use fees. Its calculation formula is as follows: recruitment cost = direct labor cost+direct business cost+indirect management fee+prepaid expenses.

The selection fee includes all the expenses related to deciding whether to hire or not, such as initial examination, interview, psychological test, comments and physical examination. The calculation formula is as follows:

Selection interview time and cost = (preparation time before each interview+time required for each interview) × salary rate of the selector× number of applicants.

Summary fee of application materials = (data fee for printing and distributing each application form+data summary fee for each person) × number of applicants.

Examination fee = (average material fee per person+average marking fee per person) ×××× number of participants×× number of examinees.

Test review fee = time required for testing × (salary rate of personnel department+salary rate of representatives of various departments )×times.

Medical examination fee (of this enterprise) = [(time required for inspection × inspector's salary rate)+equipment and medicine fee required for inspection ]× number of inspectors.

Extended data:

There are two main formulas for calculating the labor cost of employee turnover rate:

Formula 1: number of employees lost/average number of employees in one year (average number of employees in one year = number of employees at the beginning of the year+number of employees at the end of the year /2)

Formula 2: Number of employees lost /65438+ 10+February+…+65438+February/12.

The formula 1 is a common calculation formula that is easy to operate. The number of unemployed people is the total number of unemployed people in an assessment period, and the average number in the denominator is the average number of indicators at two time points, which only represents the situation at the beginning and end of the year. Using this formula to calculate the turnover rate, the result is easy to be distorted, while Formula 2 can avoid this problem.

On-the-job training expenses are the expenses incurred by enterprises to train employees to meet job requirements, including on-the-job training expenses and on-the-job retraining expenses. On-the-job training is mainly accomplished by bringing the old with the new. The calculation formula is as follows:

Direct cost of on-the-job training = ∑ hourly salary of counseling group × counseling hours I× monthly counseling times I+∑ (hourly salary of the coachee K× counseling hours K× monthly counseling times k)

Indirect cost of on-the-job training = turnover loss of trainees+loss caused by unskilled trainees+training materials+various management fees.

The job retraining cost calculation is similar to the job training cost calculation, except that the retraining cost is less than the job training cost loss, and the time may be shorter. Its calculation formula is:

Indirect cost of job retraining = training and retraining labor cost+material cost+management cost+losses caused by various trainings.

Baidu Encyclopedia-Labor Cost