Switzerland: manufacture of electrical equipment personnel costs 2020| Statista

The personnel costs of the electric equipment manufacturing industry in Switzerland decreased by 309.5 million euros (-10.76 percent) since the previous year. The personnel costs thereby reached their lowest value in recent 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 electric equipment manufacturing industry in Switzerland with key insights such as number of enterprises, turnover, and production value.

Personnel costs of the manufacture of electrical equipment industry in Switzerland from 2011 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	2,567.4
2019	2,876.9
2018	2,820.4
2017	3,020.3
2016	3,139.2
2015	3,325.8
2014	3,044.1
2013	3,060.1
2012	3,279.8
2011	3,092.1

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Release date

March 2024

More information

Region

Switzerland

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 C27 of CE Rev2.

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