workforce expenses

USAGE SUMMARY

The phrase "workforce expenses" is correct and usable in written English.
It can be used when discussing costs associated with employees or labor in a business context. Example: "The company's workforce expenses have increased significantly due to the new hiring policy."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

Costs of intensive care reach up to 30% of the hospital budget with workforce expenses being substantial.

International Journal of Nursing Studies

"Lucent has gone through the bulk of its restructuring efforts, although the company is further reducing workforce expenses in order to reach profitability in a very challenging market in 2002," Lesieur says.

Forbes

In the public sector, there is data on workforce expenses at a population level for delivery of specific packages of care (55).

Global Health Action

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

Each year the British workforce claims expenses for 7.7m train journeys, compared with 1.6m flights, but those flights create around six times as much carbon dioxide.Given that over 40% of the flights in the survey were domestic, the green dream is to put more of these flying businessmen into trains.

The Economist

"Workforce and expense reductions have been implemented throughout the company and contingency plans are in place should further actions become necessary".

Forbes

Intel has cut its workforce to cut expenses, postponed plans for new fabs leading to lesser expenses.

Forbes

Reductions to workforce and selling expenses helped the Miami-based home builder "right size" its business in response to the U.S. housing market slump.

Forbes

The company said it is cutting over 25% of the workforce to help curb expenses and position the company to move forward in this current economic environment.

Forbes

The company said earlier in August that it plans to cut about 1,500 jobs, or 3percentt of its workforce, to stem rising expenses.

Huffington Post

The growing number of older adults globally, as well as workforce issues and the expense of interventions, makes it important to develop rational, targeted, and cost-effective risk-reduction strategies.

Global Health Action

It would take only a penstroke to repeal these rules, which make a tiny fraction of the workforce practically unsackable, at the expense of everybody else.

The Economist

Expert writing Tips

Best practice

When discussing overall financial health, use "workforce expenses" to encompass all costs associated with employees, including salaries, benefits, and training.

Common error

Be careful not to use "workforce expenses" interchangeably with general operating costs. "Workforce expenses" specifically relate to employee-related expenditures.

Linguistic Context

The phrase "workforce expenses" functions as a noun phrase, specifically referring to the total costs associated with a company's employees. Ludwig examples highlight its usage in discussions about budget allocation and restructuring efforts.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "workforce expenses" is a noun phrase used to denote the total costs associated with a company's employees. Ludwig AI confirms its grammatical correctness and usability. While infrequent, this phrase appears in news, scientific, and business contexts, indicating a professional and neutral register. Alternatives include "labor costs" and "personnel costs". Be precise in its usage, distinguishing it from general operating costs to accurately reflect employee-related expenditures. The most common contexts are from News & Media, Science, and Formal & Business which means its highly linked with formal conversation. Keep in mind that "Workforce Expenses" specifically relate to employee-related expenditures, so avoid using it for all the operational costs.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

labor costs

Focuses specifically on the cost of labor, a direct component of workforce expenses.

personnel costs

Emphasizes costs associated with personnel management and compensation.

employee compensation costs

Highlights the compensation aspect of workforce expenses.

staffing expenditures

Refers to the money spent on staffing and personnel.

payroll expenses

Directly refers to the expenses related to payroll.

human resources costs

Broader term including all costs related to human resources management.

manpower costs

An older, less common term for labor-related expenses.

wage costs

Focuses on the cost of wages paid to the workforce.

salary expenditures

Emphasizes the spending on salaries.

personnel remuneration

More formal phrasing describing employee pay.

FAQs

What does "workforce expenses" refer to?

"Workforce expenses" refers to the costs a company incurs related to its employees, including salaries, wages, benefits, training, and other related expenditures.

What are some alternatives to saying "workforce expenses"?

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

How do I calculate "workforce expenses"?

To calculate "workforce expenses", sum all costs directly related to your employees. This includes gross salaries, wages, payroll taxes, employee benefits, training, and any other related expenses.

Why is it important to track "workforce expenses"?

Tracking "workforce expenses" is crucial for budgeting, financial planning, and understanding the overall cost of labor. It helps companies optimize resource allocation and improve profitability.