Payroll expenses

USAGE SUMMARY

The phrase "Payroll expenses" is correct and usable in written English.
It can be used when discussing the costs associated with paying employees, including wages, salaries, and related benefits. Example: "The company's payroll expenses have increased significantly this quarter due to new hires and salary adjustments."

✓ Grammatically correct

Formal & Business

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

Payroll expenses will increase as the business grows and we need to hire additional staff.

Bplans

Payroll expenses reflect the annual salaries of operations manager and 5 part-time baristas.

Bplans

Using the federal money for payroll expenses allowed the district to avoid other cuts, he said.

The New York Times

A majority of the companies in the survey budgeted less than 1percentt of payroll expenses for these awards.

The New York Times

Oregon State University (OSU) estimated that payroll expenses due to the minimum wage increases will exceed $8.2m by 2021.

The Guardian

For some businesses (particularly many startups) operational risks are, admittedly, minor in cost terms relative to payroll expenses.

Harvard Business Review

It offsets payroll expenses for all new hires, so that firms with high turnover rates could qualify for money even if they fail to increase their total employment.

The Economist

Mr. Corbett can now direct city and state officials to comply with his plan to ensure that debt obligations and payroll expenses are met.

The New York Times

The roughly $55 million in monthly transfers, a process established under the 1993 Oslo accords, accounts for about half of the authority's monthly payroll expenses.

The Washington Post

Human-verified similar examples from authoritative sources

Similar Expressions

2 human-written examples

Many restaurateurs, though, are delighted to do away with the formidable payroll expense and heartburn that come with reservations.

The New York Times - Food

The payroll expense for full- and part-time employees who are not working has reached $60,000, she said.

The New York Times

Expert writing Tips

Best practice

When analyzing a company's financial health, compare "payroll expenses" as a percentage of revenue over time to identify trends and potential cost management issues.

Common error

Avoid using "payroll expenses" interchangeably with total operating costs. "Payroll expenses" specifically refer to employee compensation, while operating costs encompass all expenses required to run a business, including rent, utilities, and marketing.

Linguistic Context

The phrase "payroll expenses" functions as a noun phrase that identifies the total cost a business incurs for compensating its employees. Ludwig AI affirms this usage, confirming its correctness and applicability in various contexts.

Expression frequency: Very common

Frequent in

Formal & Business

35%

News & Media

45%

Science

20%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "payroll expenses" refers to the total costs associated with compensating employees, including wages, salaries, benefits, and payroll taxes. Ludwig AI confirms its correctness and common usage across diverse fields such as finance, news, and general business. While the phrase is grammatically sound and widely understood, differentiating it from overall operating costs is crucial to ensure precision in financial reporting. As such, remember to explore other alternatives such as "employee compensation costs" and "labor costs", depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Employee compensation costs

Focuses on all costs related to compensating employees, including salary, benefits, and other perks. It's a broader term than "payroll expenses".

Labor costs

Refers to the total cost of employing labor, encompassing wages, salaries, and benefits. It's a more general term applicable to various industries.

Wage expenses

Specifically relates to the expenses associated with employee wages, excluding benefits and other related costs. It's a narrower term than "payroll expenses".

Salary expenditure

Highlights the amount of money a company spends on salaries. It puts more emphasis on spending than on the overall scope of payroll.

Personnel costs

Covers all expenses linked to employing personnel, including salaries, benefits, training, and recruitment. It's broader than "payroll expenses" by also accounting other HR related expenses.

Staff remuneration

Emphasizes the payment given to staff for their services, often used in a more formal context. It might exclude things like payroll taxes.

Employee benefits expenditure

Focuses specifically on the costs associated with providing benefits to employees, such as health insurance and retirement plans. This is only a subset of payroll expenses.

Workforce compensation

Describes the act of compensating the workforce, and all the costs involved. It has a more formal tone.

Payroll liabilities

Focuses on the legal obligations a company has regarding payroll, such as taxes and deductions. It shifts the perspective to legal and accounting considerations.

Salaries and wages

Highlights the fundamental elements of payroll, omitting benefits and additional expenses. It's a more basic description of compensation costs.

FAQs

What is included in "payroll expenses"?

"Payroll expenses" typically include salaries, wages, bonuses, commissions, payroll taxes, and employee benefits such as health insurance and retirement contributions.

How can a company reduce its "payroll expenses"?

Companies can reduce "payroll expenses" by optimizing staffing levels, outsourcing certain functions, automating tasks, or negotiating better rates for employee benefits.

What are some alternatives to "payroll expenses"?

You can use alternatives like "employee compensation costs", "labor costs", or "wage expenses" depending on the context.

Why is it important to track "payroll expenses"?

Tracking "payroll expenses" is crucial for budgeting, financial planning, and assessing the profitability and efficiency of a business. It helps in understanding labor costs and making informed decisions about staffing and compensation.