On-costs are labor costs in addition to salaries and wages; that is, payroll tax, workers’ compensation and other liability insurance, the cost of subsidized services to employees, training costs, and so on.

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Bplans GlossaryBplans Glossary

At Bplans, it's our goal to make it easy for you to start and run your business. The Bplans glossary of common business terms will help you learn about key small business and entrepreneurship topics.