Labor costs

Meaning

, also called personnel costs or cost of labor, are all the expenses you have related to your employees

Key points

• Labor costs appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, labor costs is used to keep invoice and payment operations structured and auditable.