Personnel costs of machinery & equipment manufacturers in Cyprus 2012-2021
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 Cyprus with key insights such as turnover and production value.