A glossary of terms with reference to Construction Cost Estimating
Construction Cost Estimating
JULY 1, 2014
See also Overhead, Indirect cost. See also, Overhead, General & Administrative Cost, Distributable. Labor burden is the cost of payroll taxes and insurances (such as Workers'' compensation) which the employer must pay to employ workers. Wage rate - The agreed monetary compensation per hour for a person to accomplish work.
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