social charges Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “social charges” in the English Dictionary

"social charges" in Business English

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social chargesnoun [plural]

uk   us  
FINANCE, HR money, such as nationalinsurancecontributions, 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 ​minimumwageplus the ​socialcharges they must ​pay on ​top.
(Definition of social charges from the Cambridge Business English Dictionary © Cambridge University Press)
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