The cost in time, training, or money incurred when an employee takes off time to care for a sick family member is referred to as which of the following?

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Indirect labor costs refer to expenses incurred due to the absence of an employee. This could include sick leave taken to care for a family member, which would result in lost productivity and potentially the need to hire temporary replacement labor. Human capital refers to the value of an employee's skills and knowledge, cultural capital refers to the social knowledge and resources an individual possesses, and social costs refer to costs incurred by society as a whole.

The Cost in Time, Training, or Money Incurred When an Employee