Personnel costs of the construction industry in Luxembourg 2010-2021
The personnel costs of the construction industry in Luxembourg increased by 260.7 million euros (+11.14 percent) in 2021. With 2.6 billion euros, the personnel costs thereby reached their highest value in the observed period. Notably, the personnel costs in this industry continuously increased over the last years.
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 construction industry in Luxembourg with key insights such as turnover, production value, and number of employees.
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 construction industry in Luxembourg with key insights such as turnover, production value, and number of employees.
