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29 martie, 2024

9 martie, 2017

The hourly labour cost in adjusted terms (by the number of working days) registered an increase of 12.33% in the fourth quarter of 2016 compared to the same quarter of the previous year.

The highest increases have been registered in real estate (29.36%), healthcare and social assistance (22.21%) and education (19.46%). Only the financial intermediation and insurance field suffered a decrease of the labour cost (-1.55%), according to the provisional data released Tuesday by the National Institute of Statistics (INS).

The increases of the hourly labour cost in the public sector have been influenced mainly by the application of the relevant legal provisions, states INS.


In unadjusted terms, the change in the average hourly labour cost compared to the same reference periods, had a similar trend as the adjusted form (4.31%, respectively 13.70%).

The increase of the adjusted indices of the direct labour costs component (salary costs) was 12.30% compared to the same quarter of the previous year and the increase of the raw indices (unadjusted) was 13.72%.

The indirect costs component (non-salary) registered similar increases (12.44%, respectively 13.62%).

Compared to Q3

The most significant increases registered in the fourth quarter of 2016 compared to the previous quarter were in the healthcare and social assistance field (13.05%), following the application of the legal provisions on the staff paid from public funds, in construction (10.70%) and real estate transactions (9.29%).


The biggest decrease in the hourly labour cost (adjusted by the number of working days) took place in education (-14.94%) as effect of the increased time actually worked compared to the previous quarter, a characteristic of this activity in the fourth quarter of every year, due to the recommencement of the school year.

In the fourth quarter of 2016, the increase of the direct labour costs component (salary costs) compared to the previous quarter (indices adjusted by the number of working days) was 3.20% and the increase of the indirect costs (non-salary) was 3.35%. The increases registered by the two components –  the raw indices (unadjusted) – were 4.32%, respectively 4.28%.

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