Meaning of “social charges” in the English Dictionary

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"social charges" in Business English

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social chargesnoun [ plural ]

uk us

FINANCE, HR money, such as national insurance contributions, that an employer must pay for each person that they employ:

Today, it is still too costly for French employers to hire many workers, because of a mix of a relatively high minimum wage plus the social charges they must pay on top.

(Definition of “social charges” from the Cambridge Business English Dictionary © Cambridge University Press)