Slovakia: telecommunications sector personnel costs 2021

The personnel costs of the telecommunications industry in Slovakia increased by 37.7 million euros (+8.35 percent) in 2021 in comparison to the previous year. Therefore, the personnel costs in Slovakia reached a peak in 2021 with 489.2 million euros. Notably, the personnel costs in this industry continuously increased over the last years.
Personnel costs are made up of wages, salaries and employers' social security costs. They include taxes and employees' social security contributions retained by the employer, as well as the employer's compulsory and voluntary social contributions.

Find more statistics on the telecommunications industry in Slovakia with key insights such as turnover, production value, and number of employees.

Personnel costs of the telecommunications sector in Slovakia from 2012 to 2021 (in million euros)

Characteristic	Annual personnel costs in million euros
2021	489.2
2020	451.5
2019	447.8
2018	423.7
2017	393
2016	370.6
2015	343.9
2014	342.4
2013	319.1
2012	299.5

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Release date

March 2024

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Region

Slovakia

Survey time period

2012 to 2021

Supplementary notes

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 J61 of CE Rev. 2.

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