Infographic: The ADP 2014 Midsized Business Owners Study | ADP RI

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Infographic: The Importance of Total Cost of Ownership (TCO): How Companies Can Find Competitive Advantage

When making strategic decisions, organizations need to consider the total cost of their workforces. Referred to as Total Cost of Ownership (TCO), this measure combines actual spending on employees plus the management of those employees. However, many organizations lack a comprehensive understanding of TCO, and how it relates to their workforce.

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Infographic: The Importance of Total Cost of Ownership (TCO): How Companies Can Find Competitive Advantage

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