The personnel costs of the furniture manufacturing industry in Malta increased by 0.8 million euros (+6.2 percent) since the previous year. In total, the personnel costs amounted to 13.66 million euros in 2021. 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.
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 C31 of CE Rev2.
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Eurostat. (March 22, 2024). Personnel costs ot the furniture manufacturing industry in Malta from 2012 to 2021 (in million euros) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/416174/personnel-costs-manufacture-furniture-malta/
Eurostat. "Personnel costs ot the furniture manufacturing industry in Malta from 2012 to 2021 (in million euros)." Chart. March 22, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/416174/personnel-costs-manufacture-furniture-malta/
Eurostat. (2024). Personnel costs ot the furniture manufacturing industry in Malta from 2012 to 2021 (in million euros). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/416174/personnel-costs-manufacture-furniture-malta/
Eurostat. "Personnel Costs Ot The Furniture Manufacturing Industry in Malta from 2012 to 2021 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/416174/personnel-costs-manufacture-furniture-malta/
Eurostat, Personnel costs ot the furniture manufacturing industry in Malta from 2012 to 2021 (in million euros) Statista, https://www.statista.com/statistics/416174/personnel-costs-manufacture-furniture-malta/ (last visited December 04, 2024)
Personnel costs ot the furniture manufacturing industry in Malta from 2012 to 2021 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/416174/personnel-costs-manufacture-furniture-malta/