Indirect labor costs like taxes and insurance are sometimes referred to as ______________________________.

Indirect labor costs, such as taxes and insurance, are commonly known as Labor Burden. This term refers to the additional costs that are associated with employing workers beyond their direct wages. Labor Burden encompasses various expenses that employers incur as part of employment, including contributions to social security, health insurance premiums, unemployment insurance, and workers' compensation. These costs are necessary for maintaining a workforce and ensuring compliance with labor laws, and they can significantly increase the overall expense of labor for a business.

On the other hand, while the term "Cost of doing business" may cover a broader range of operational expenses, it does not specifically designate indirect labor costs. "Payroll expenses" generally refers to the direct compensation paid to employees, which would not typically include indirect costs like insurance. Therefore, referring to indirect labor costs as Labor Burden is the most precise terminology, distinguishing it from other financial categories associated with running a business.