Indirect labor costs definition
Indirect labor costs means labor costs other than direct
Indirect labor costs means all costs, including wages and benefits, that are part of operating expenses and are associated with the hiring and employment of personnel assigned to tasks other than producing products.
Examples of Indirect labor costs in a sentence
Indirect labor costs, including, without limitation, the superintendent, project manager, and other labor identified in the Contract Documents will be considered Overhead.
Indirect labor costs shall consist of non-productive labor costs (e.g., vacation, sickness and holidays) and other employee benefit costs (e.g., major medical, pension and life insurance).