Electronic & optical manufacturing in the United Kingdom by personnel costs 2009-2018

Published by Statista Research Department, Apr 13, 2024

The personnel costs of the computer, electronics, and optical manufacturing industry in the United Kingdom increased by 228.6 million euros (+4.23 percent) in 2018 in comparison to the previous year. In total, the personnel costs amounted to 5.6 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.

Personnel costs of computer, electronic, and optical products manufacturing in the United Kingdom from 2009 to 2018 (in million euros)

Characteristic	Annual personnel costs in million euros
2018	5,639
2017	5,410.4
2016b	6,029.5
2015	6,254.8
2014	5,680.1
2013	5,235.3
2012	5,107.6
2011	4,910.7
2010	4,822.8
2009	4,601.8

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Release date

March 2024

More information

Region

United Kingdom

Survey time period

2009 to 2018

Supplementary notes

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 C26 of CE Rev 2.

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