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Burden rate refers to employee's burden, the amount charged over and above salaries, including employer taxes, benefits, social security, etc. The burden rate is used to calculate these extra employee costs. For example, if the costs associated with employee payrolls total $10,000 and you estimate that your salaries and wages will total $50,000 for the year, your labor burden rate would be 20% ($10,000/$50,000). The personnel burden is an operating expense and it belongs with other expenses in the Profit and Loss table.
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