what is the meaning of low labour costs
Answers
Answer:
The cost of labor is the sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer. The cost of labor is broken into direct and indirect (overhead) costs.
Answer:
The cost of labor is the sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer. The cost of labor is broken into direct and indirect (overhead) costs.Ten countries with the cheapest labor force
Uganda - $ 22 annually. Uganda is a developing country with a population of 37.8 million people.
Georgia - $ 96 annually. ...
Cuba - $ 108 annually. ...
Kyrgyzstan - $ 181 annually. ...
Bangladesh - $ 228 annually. ...
Tanzania - $ 240 annually. ...
Gambia - $ 317 annually. ...
Venezuela - $ 361 annually. ...