Compensation of employees, employment; quarterly, National Accounts

Compensation of employees, employment; quarterly, National Accounts

Sector/branches (SIC 2008) Periods Compensation of employees Amount Compensation of employees (million euros) Compensation of employees Amount Compensation; seasonal adjusted (million euros) Compensation of employees Amount Wages and salaries (million euros) Compensation of employees Amount Wages; seasonal adjusted (million euros) Compensation of employees Amount Employers' social contributions (million euros) Compensation of employees Amount Social contributions; seasonal adjusted (million euros) Compensation of employees Amount Wage costs (million euros) Compensation of employees Year-on-year change Compensation of employees (%) Compensation of employees Year-on-year change Wages and salaries (%) Compensation of employees Year-on-year change Wage costs (%)
A-U All economic activities 2023* 486,057 380,796 105,261 483,829 7.6 8.3 7.9
A Agriculture, forestry and fishing 2023* 4,428 3,518 910 4,342 6.5 6.5 6.5
B-E Industry (no construction), energy 2023* 60,811 47,500 13,311 60,154 8.3 8.9 8.5
C Manufacturing 2023* 54,054 42,305 11,749 53,410 7.9 8.5 8.1
F Construction 2023* 23,273 18,243 5,030 23,218 6.7 7.6 6.7
G-I Trade, transport, hotels, catering 2023* 95,544 75,569 19,975 94,939 7.8 8.1 8.6
J Information and communication 2023* 27,499 22,525 4,974 27,275 8.1 8.1 8.3
K Financial institutions 2023* 22,312 17,520 4,792 22,324 7.0 7.6 7.0
L Renting, buying, selling real estate 2023* 4,598 3,650 948 4,596 6.4 6.9 6.3
M-N Business services 2023* 88,030 70,883 17,147 87,173 6.8 7.2 7.1
78 Employment activities 2023* 24,661 19,475 5,186 24,289 1.9 2.7 2.3
O-Q Government and care 2023* 146,930 111,251 35,679 147,204 7.9 9.2 7.8
O Public administration and services 2023* 44,440 33,094 11,346 44,855 8.2 9.7 8.2
P Education 2023* 35,150 26,666 8,484 35,128 8.5 10.0 8.5
Q Health and social work activities 2023* 67,340 51,491 15,849 67,221 7.3 8.4 7.3
R-U Culture, recreation, other services 2023* 12,632 10,137 2,495 12,604 8.6 9.3 9.7
Source: CBS.
Explanation of symbols

Dataset is not available.


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 2020 are final. Data of 2021 and further are provisional.

Changes as of March 25th 2024:
Data of the second estimate of the fourth quarter 2023 have been added to the table. The data of the previous three quarters 2023 are revised.

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.
Amount
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.
Compensation; seasonal adjusted
Compensation of employees corrected for seasonal effects.
Wages and salaries
Wages and salaries include income taxes and employees' social contributions even if they are actually withheld by the employer and paid directly to tax authorities, social security schemes and pension schemes. Besides wages that are periodically and directly paid to employees, wages and salaries also contain wages in kind and holiday allowances. Furthermore, certain refunds for costs made by the employee are included as well.
Wages; seasonal adjusted
Wages and salaries corrected for seasonal effects.
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.
Wage costs
The total of wages, social contributions paid by employers and taxes on wage costs minus wage cost subsidies.
Year-on-year change
%-change with respect to the previous year
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.
Wages and salaries
Wages and salaries include income taxes and employees' social contributions even if they are actually withheld by the employer and paid directly to tax authorities, social security schemes and pension schemes. Besides wages that are periodically and directly paid to employees, wages and salaries also contain wages in kind and holiday allowances. Furthermore, certain refunds for costs made by the employee are included as well.
Wage costs
The total of wages, social contributions paid by employers and taxes on wage costs minus wage cost subsidies.