Total compensation of labor in financial institutions sector Netherlands 1995-2017

This source displays the total compensation of labor in the financial institutions sector in the Netherlands from 1995 to 2017 (in million euros). In 2017, total compensation was worth approximately 18 billion euros. This is a decrease when compared to the previous year.

Total compensation of labor in the financial institutions sector in the Netherlands from 1995 to 2017

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Source

Release date

May 2019

Region

Netherlands

Survey time period

1995 to 2017

Special properties

* all numbers provided are provisional

Supplementary notes

The sources definies the compensation of labor as: "wages of employees and social contributions paid by employers and an attributed share of labor compensation for the self-employed, less the subsidies on wages provided by the government."

The source adds: "the official SN calculations use an ex ante interest rate based on the internal reference rate of banks and a risk premium for calculating capital services. The model allows for profits to be made as opposed to the neoclassical model."

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