Business Pitch Dictionary by pitch.dog
Revenue, costs & profit · Core

Payroll expense

Also called: personnel cost

ELI5

Salaries, wages, employer taxes and related employment costs recognised in a period.

Used in conversation

“Keep payroll expense on the dashboard, but show the definition and reporting period beside it.”

Pitch context

You will see “Payroll expense” in financial models, budgets, board packs and investor materials when the discussion reaches revenue, costs & profit.

Why it matters: In revenue, costs & profit, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Sources & evidence · 4

Direct term-level sources and supporting source families.