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| CON116A - Compensation of employees by activity NACE Rev.2, at the macroregions and development regions level (current prices) |
| Definition |
The compensation of employees is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during the accounting period. |
| Periodicity |
Annual |
| Data sources |
Labour cost survey details
National accounts - final version ESA 2010 details |
| Methodology |
The regional accounts represent a regional breakdown of the national economy accounts. Without exception, they use the same methodological concepts. The regional accounts are made on three administrative levels, according to the Nomenclature of Territorial Units for Statistics (NUTS): NUTS1 representing the 4 macroregions, NUTS2 representing the 8 statistical regions and the extra-regional territory and NUTS3 representing the 41 counties plus Bucharest.
The general principle that must be respected in the elaboration of the regional accounts is the residence principle - the allocation according to the region in which the producing unit has its residence.
The regionalization method used is the descending one ("top-down") and involves the distribution of aggregates value at the national level between the different regions, using the distribution keys.
Compensation of employees consists in the following elements:
- wages and salaries (D11)
- employers' social contributions (D12)
Gross wages and salaries consists in: wages and salaries in cash (basic wages and salaries payable at regular intervals, salary raises for overtime, productivity or profits bonuses, amounts paid for official holidays or annual holidays, etc.) also from wages and salaries in kind witch consist in goods and services, or other benefits provided free or at reduced price by employers to their employees.
Employers' social contributions represent the value of the social contributions incurred by employers, in order to secure the entitlement to social benefits for their employees and must be recorded under compensation of the employees. Employers' social contributions can be actual or imputed.
For producers, the compensation of employees is allocated to local economic activity unit in which the respective staff is employed.
More definitions and explanations can be found in Regulation (EU) 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European System of National and Regional Accounts of the European Union ESA 2010, Chapter 4 "Distributive transactions" and Chapter 13 "Regional accounts" https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02013R0549-20150824&from=SK |
| Last update |
DEC 19, 2023 |
| Observations |
Data are calculated according to SEC2010 and NACE Rev.2 methodology.
The data are available starting with 2000.
The 2010-2019 data series have been revised according to Eurostat reserves. |
| Responsible person |
Stoika Cristina Alina, tel: 0313181824/1238, e-mail: alina.stoika@insse.ro |
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