Meaning of wage bill | Babel Free

Definitions

The total amount of money spent by an organization on wages.

Examples

“Only 2 per cent of the total wage bill accounted for Rs. 500 per person and above per month.”

“Higher preference towards spending on public education, health and security generally results in a larger number of teachers, police, and health professionals and thus a more elevated wage bill.”

“Finally, Cahuc and Carcillo (2012), using a sample of OECD countries, find a strong positive correlation between the wage bill and fiscal deficits, which is more frequent during booms.”

“Under the Sheikh, City have spent £1.7bn on signings and their most recent accounts showed a player wage bill of £351m – a Premier League record”

CEFR level