EMPLOYER CONTRACT GROSS COST

The total cost of employing a person on a contract. It should take account of:

a. Basic pay
b. Overtime
c. Allowances
d. Bonus payments
e. Absences
f. Recruitment supplements
g. Social security costs (e.g. National Insurance)
h. Pension costs
i. Redundancy payments
j. Ex-gratia payments
k. Benefits-in-kind

Note: Recruitment supplement in the list above is a supplement which may apply to an EMPLOYEE's basic pay (either a percentage of basic pay or a discrete amount) designed to offset differences in the living costs, or in recruitment and retention rates between different groups of staff. 

This attribute is also known by these names:

Context Alias
plural EMPLOYER CONTRACT GROSS COSTS