For most service companies, the major expense is employee compensation.

Name: For most service companies, the major expense is employee compensation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Service companies typically depend heavily on their employees to deliver their services, from customer service to technical support. Thus, employee compensation, including salaries, benefits, and bonuses, can be the largest expense for such companies.

For Most Service Companies, the Major Expense Is Employee Compensation