Yes, sir Hall !
Thanks for sending that memo and your concern about my salary.
When I mean labor cost, that means the cost of labour to an employer, not the net wage the worker gets in hand. The latter is not far different from you folks I guess. Tax rates and social charges are the ones that kill the system. I'd be happy to reduce those in a hurry.
PS. My employer called me today and said " Roland, I don't know who that fella is who sent that memo, but for sure he talks funny. I'd swear he sounds like Elvis" I said : "Never mind, it's a american thing, you wouldn't understand, LOLOLOLOL."