What is a Burden Rate? Overhead Allocation in Business Costs

Burden Rate - Office - Costs- Calculating

True cost of employment is crucial for businesses aiming to manage their finances effectively. The burden rate is the tool used to uncover these often unseen expenses. It encapsulates all of the indirect costs associated with maintaining an employee, in addition to their direct salary. These costs include benefits, payroll taxes, equipment, and training fees. … Read more

Categories Tax