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| Definition: |
Non-wage labour costs refer to social insurance expenditure and other labour taxes and include:
(a) employers expenditure for legally required insurance programmes and contractual and private benefit plans (retirement and disability pensions, health insurance, income guarantee insurance and sick leave, life and accident insurance, occupational injury and illness compensation, unemployment insurance and family allowances) and, for some economies;
(b) labour taxes, that is, taxes on payrolls or employment or reductions to reflect subsidies - even if they do not finance programmes that benefit workers directly.
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| Source
Publication: |
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Key Indicators of the Labour Market (KILM): 2001-2002, International Labour Organisation, Geneva, 2002, page 608.
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| Statistical
Theme: Labour statistics |
| Created
on Friday, August 9, 2002 |
| Last
updated on Monday, March 10, 2003 |
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