Définition
The cost of labour comprises all the expenses incurred by employers in employing workers.
In addition to gross wages and salaries, it includes social contributions payable by the employer (social security, unemployment, retirement, provident fund, severance pay) whether these are compulsory, contractual or optional, net of exemptions such as reductions in social security contributions; vocational training costs (apprenticeship tax, employers' contributions to the financing of vocational training); other expenditure related to the employment of employees such as recruitment costs; taxes and duties relating to employment and employees, less subsidies received by the employer and intended to promote employment (CICE in particular).