Understanding the difference between direct costs and indirect costs is crucial for anyone running a business. This knowledge helps in accurately tracking expenses, setting prices, and maximizing tax ...

Definition of Cost of Labor. The cost of labor is the amount of employee wages and benefits, plus payroll taxes paid by an employer. The cost of labor can be broken into direct and indirect costs.

"The indirect costs might not be immediately visible, but they are certainly not less significant," wrote Serena Fatica, the author of the Conversation report. Why do the costs of flooding ...

Harvard’s indirect cost rate — the percent of federal funding that covers administrative costs of research — is currently 69 percent, the largest of any Ivy League school.

Knowing the difference between direct and indirect costs is important for pricing, taxes, and financial health. See how these expenses differ and why it matters.

That doesn’t mean that 59% of NSF grants awarded to MIT scientists go toward the university’s indirect costs. Rather, the rate is part of a bigger calculation that’s used to determine how ...

What do National Institutes of Health funding cuts mean for universities? We ask Holden Thorp, editor-in-chief of the journal Science and former University of North Carolina at Chapel Hill chancellor.

Memoli offers a solution: Define a “market rate” for indirect costs as that allowed by private foundations (Gates, Chan Zuckerberg, some others). The implication is the foundations’ rate captures real ...

NIH announced it would limit indirect funding to 15% on Friday, but it is unclear how much money this will take from St. Jude hospital in Memphis.

One size fits none Among institutions receiving NIH funding, indirect-costs rates differ and vary widely—from about 20% to over 75%. These rates are negotiated with the federal government and are ...

The National Institutes of Health announced that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just 15%.

The National Institutes of Health announced that it would be cutting $9 billion in overhead costs associated with federally funded research grants that go to various institutions.