In 2020, the personnel costs of the manufacturing industry in Switzerland remained nearly unchanged at around 60.4 billion euros. In comparison to 2019, the personnel costs decreased not significantly by 336 million euros (-0.55 percent). 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 Section C of CE Rev2.
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Eurostat. (March 22, 2024). Annual personnel costs of the manufacturing industry in Switzerland from 2011 to 2020 (in million euros) [Graph]. In Statista. Retrieved October 03, 2024, from https://www.statista.com/statistics/545450/personnel-costs-manufacturing-switzerland/
Eurostat. "Annual personnel costs of the manufacturing industry in Switzerland from 2011 to 2020 (in million euros)." Chart. March 22, 2024. Statista. Accessed October 03, 2024. https://www.statista.com/statistics/545450/personnel-costs-manufacturing-switzerland/
Eurostat. (2024). Annual personnel costs of the manufacturing industry in Switzerland from 2011 to 2020 (in million euros). Statista. Statista Inc.. Accessed: October 03, 2024. https://www.statista.com/statistics/545450/personnel-costs-manufacturing-switzerland/
Eurostat. "Annual Personnel Costs of The Manufacturing Industry in Switzerland from 2011 to 2020 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/545450/personnel-costs-manufacturing-switzerland/
Eurostat, Annual personnel costs of the manufacturing industry in Switzerland from 2011 to 2020 (in million euros) Statista, https://www.statista.com/statistics/545450/personnel-costs-manufacturing-switzerland/ (last visited October 03, 2024)
Annual personnel costs of the manufacturing industry in Switzerland from 2011 to 2020 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/545450/personnel-costs-manufacturing-switzerland/