die Lohnkosten
Translation
labor costs, wage costs, personnel costs
Examples
Die hohen Lohnkosten sind ein Problem.
The high labor costs are a problem.
Wir müssen die Lohnkosten senken.
We have to reduce the labor costs.
Grammar Patterns
to reduce/increase ((labor costs)) The company wants to reduce labor costs.
Similar Words
Synonyms: Personalkosten, Arbeitskosten
Etymology
A compound word from 'Lohn' (wage, pay) and 'Kosten' (costs).
Memory Tips
Think of the 'costs' associated with paying someone's 'loan' (which sounds like Lohn).