The personnel costs of the machinery and equipment manufacturing industry in Finland increased by 239.5 million euros (+7.99 percent) in 2021 in comparison to the previous year. With 3.2 billion euros, the personnel costs thereby reached their highest value in the observed period. 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 Finland with key insights such as turnover and production value.
Personnel costs of the manufacture of machinery and equipment n.e.c. industry in Finland from 2012 to 2021
(in million euros)
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 C28 of CE Rev2.
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Eurostat. (March 22, 2024). Personnel costs of the manufacture of machinery and equipment n.e.c. industry in Finland from 2012 to 2021 (in million euros) [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/414965/personnel-costs-manufacture-machinery-equipment-finland/
Eurostat. "Personnel costs of the manufacture of machinery and equipment n.e.c. industry in Finland from 2012 to 2021 (in million euros)." Chart. March 22, 2024. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/414965/personnel-costs-manufacture-machinery-equipment-finland/
Eurostat. (2024). Personnel costs of the manufacture of machinery and equipment n.e.c. industry in Finland from 2012 to 2021 (in million euros). Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/414965/personnel-costs-manufacture-machinery-equipment-finland/
Eurostat. "Personnel Costs of The Manufacture of Machinery and Equipment N.E.C. Industry in Finland from 2012 to 2021 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/414965/personnel-costs-manufacture-machinery-equipment-finland/
Eurostat, Personnel costs of the manufacture of machinery and equipment n.e.c. industry in Finland from 2012 to 2021 (in million euros) Statista, https://www.statista.com/statistics/414965/personnel-costs-manufacture-machinery-equipment-finland/ (last visited November 04, 2024)
Personnel costs of the manufacture of machinery and equipment n.e.c. industry in Finland from 2012 to 2021 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/414965/personnel-costs-manufacture-machinery-equipment-finland/