Major components of Manpower Costing are:
1. Wage Bill
2. Recruitment Costs
3. Training Costs
4. Employee Welfare Costs - Canteen, Loans, Picnics, Off-sites etc
5. Increment / Performance Linked Incentive Costs
6. Employee Overheads Costs - Grade wise eligibilities like Travel, Conveyance, Reimb etc
7. Employee Benefits Costs - Wedding gifts, Anniv gifts, Long Service Awards, Rewards and Recogn Costs etc
Cheers
Kanishka