The personnel costs of the machinery and equipment manufacturing industry in the United Kingdom increased by 540 million euros (+6.24 percent) since the previous year. In total, the personnel costs amounted to 9.2 billion euros in 2018. This increase was preceded by declining personnel costs in this industry. According to Eurostat, cost of personnel are defined as the total remuneration payable by an employer to an employee in return for work during the reference period. It also includes taxes and employees' social security contributions retained by the unit as well as the employer's compulsory and voluntary social contributions. Personnel costs are made up of wages and salaries and employers' social security costs.
Find more statistics on the machinery and equipment manufacturing industry in the United Kingdom with key insights such as turnover and production value.
Personnel costs of the manufacture of machinery and equipment n.e.c. industry in the United Kingdom (UK) from 2009 to 2018
(in million euros)
b: Break in time series. The source adds the following information: Personnel costs are defined as the total remuneration, in cash or in kind, payable by an employer to an employee (regular and temporary employees as well as home workers) in return for work done by the latter during the reference period. Personnel costs also include taxes and employees' social security contributions retained by the unit as well as the employer's compulsory and voluntary social contributions. Personnel costs are made up of wages and salaries and employers' social security costs. Data coverage corresponds to code C28 of CE Rev2.
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Eurostat. (March 22, 2024). Personnel costs of the manufacture of machinery and equipment n.e.c. industry in the United Kingdom (UK) from 2009 to 2018 (in million euros) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/414967/personnel-costs-manufacture-machinery-equipment-united-kingdom/
Eurostat. "Personnel costs of the manufacture of machinery and equipment n.e.c. industry in the United Kingdom (UK) from 2009 to 2018 (in million euros)." Chart. March 22, 2024. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/414967/personnel-costs-manufacture-machinery-equipment-united-kingdom/
Eurostat. (2024). Personnel costs of the manufacture of machinery and equipment n.e.c. industry in the United Kingdom (UK) from 2009 to 2018 (in million euros). Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/414967/personnel-costs-manufacture-machinery-equipment-united-kingdom/
Eurostat. "Personnel Costs of The Manufacture of Machinery and Equipment N.E.C. Industry in The United Kingdom (Uk) from 2009 to 2018 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/414967/personnel-costs-manufacture-machinery-equipment-united-kingdom/
Eurostat, Personnel costs of the manufacture of machinery and equipment n.e.c. industry in the United Kingdom (UK) from 2009 to 2018 (in million euros) Statista, https://www.statista.com/statistics/414967/personnel-costs-manufacture-machinery-equipment-united-kingdom/ (last visited November 10, 2024)
Personnel costs of the manufacture of machinery and equipment n.e.c. industry in the United Kingdom (UK) from 2009 to 2018 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/414967/personnel-costs-manufacture-machinery-equipment-united-kingdom/