Czechia: total business economy personnel costs 2020

The personnel costs of the total business economy, repair of computers, personal and household goods, except financial and insurance activities in Czechia decreased by 1.7 billion euros (-2.75 percent) in 2020 in comparison to the previous year. Nevertheless, the last two years in this industry recorded significant higher personnel costs than the preceding 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 total business economy, repair of computers, personal and household goods, except financial and insurance activities in Czechia with key insights such as number of enterprises, turnover, and production value.

Annual personnel costs of the total business economy, repair of computers, personal, and household goods, except financial, and insurance activities in Czechia from 2011 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	61,309.3
2019	63,041.1
2018	59,069.9
2017	52,709.1
2016	47,116.2
2015	43,911.9
2014	41,120.2
2013	42,188.8
2012	43,885.7
2011	44,088.2

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Release date

March 2024

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Region

Czechia

Survey time period

2011 to 2020

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 code B-N_S95_X_K of CE Rev 2.

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