Compensation of employees, employment; quarterly, National Accounts

Compensation of employees, employment; quarterly, National Accounts

Sector/branches (SIC 2008) Periods Compensation of employees Amount Employers' social contributions (million euros) Compensation of employees Amount Social contributions; seasonal adjusted (million euros)
Q Health and social work activities 2021 2nd quarter* 3,647 3,460
Source: CBS.
Explanation of symbols

Table description

This table provides annual and quarterly data about the compensation of employees, the wage costs and the labour volume of employees. Compensation of employees is classified in wages and salaries and employers' social contributions. The wage costs are the total of wages, social contributions paid by employers and taxes on wage costs minus wage cost subsidies. The labour volume is given in jobs (by sex), full-time equivalent (fte) and hours worked. The seasonal adjusted time series about the compensation of employees and the wages & salaries are also available in this table. The table additionally provides the compensation of employees, wages and salaries and wage costs related to full-time equivalents and hours worked.

Data available from: 1995 first quarter

Status of the figures:
Data from 1995 up to and including 2018 are final. Data of 2019 and further are provisional.

Changes as of September 23rd 2021:
Data of the second estimate of the second quarter 2021 have been added to the table.
From the first quarter of 2020 the method to estimate the hours worked of employees differs from the usual method. Due to the COVID-19 crisis the hours worked suddenly decreased sharply in certain industries. The regular data sources did not provide sufficient information to capture the decrease in hours worked. To properly incorporate the decrease of the hours worked in our quarterly estimate, the Labor Force Survey (LFS) is used as an additional source. March 2020 and the subsequent quarters are estimated using growth rates from the LFS. The growth rates are applied in (parts of) the industries in which the effect of the corona crisis is substantial. For the self-employed, the use of growth rates from the LFS is the usual method.

When will new figures be published?
The preliminary estimate (flash estimate) of a quarter is released within 45 days. The second estimate is published after 85 days. At the second estimate of the fourth quarter, data of the previous three quarters will also be revised.

Description topics

Compensation of employees
Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Compensation of employees is classified in wages and salaries and employers' social contributions.
Employers' social contributions
Employers' social contributions consist of payments to insurers made by employers for the benefit of their employees. They can be classified in employers' social security contributions, employers' private social contributions (of which pension schemes) and the imputed social contributions.
Social contributions; seasonal adjusted
Employers' social contribution corrected for seasonal effects.