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Compensation of employees

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  1. a statistical term used in national accounts, Balance of Payments statistics and sometimes in corporate accounts as well

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  2. The main criticisms made of the accounting concept of CE are that it can make workers' incomes look larger than they truly are, and that the main components of CE are not separately itemised in the accounts

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  3. refers basically to the total gross (pre-tax) wages paid by employers to employees for work done in an accounting period, such as a quarter or a year

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  4. However, in reality, the aggregate includes more than just gross wages, at least in national accounts and balance of payments statistics

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  5. The reason is that in these accounts, CE is defined as "the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period"

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  6. represents effectively a total labour cost to an employer, paid from the gross revenues or the capital of an enterprise

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
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