Concepts




Personnel costs


Personnel costs are made up of wages and salaries and employer's social security costs.
Payments for agency workers are not included in personnel costs.
All remunerations paid to the personnel during the accounting period are included, incl. all gratuities, workplace and performance bonuses, ex gratia payments, 13th month pay (and similar fixed bonuses), payments made to employees in consideration of dismissal, lodging, transport, cost of living, and family allowances, commissions, attendance fees, overtime, night work, etc., as well as taxes, social security contributions and other amounts owed by the employees and retained at source by the employers.
Also included are the social security costs of the employer. These include employer's social security contributions to schemes for retirement pensions, sickness, maternity, disability, unemployment, occupational accidents and diseases, family allowances as well as other schemes. These costs are included regardless of whether they are statutory, collectively agreed, contractual or voluntary in nature.



Statistics using the definition

Topic

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • Tilastokeskus

Jaa