Switzerland: total manufacturing personnel costs 2020

In 2020, the personnel costs of the manufacturing industry in Switzerland remained nearly unchanged at around 60.4 billion euros. In comparison to 2019, the personnel costs decreased not significantly by 336 million euros (-0.55 percent).
According to Eurostat, cost of personnel are defined as the total remuneration payable by an employer to an employee in return for work during the reference period. It also includes 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.

Find more statistics on the manufacturing industry in Switzerland with key insights such as number of enterprises, turnover, and production value.

Annual personnel costs of the manufacturing industry in Switzerland from 2011 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	60,406.7
2019	60,742.7
2018	56,324.1
2017	57,276.1
2016	57,768.3
2015	59,456.7
2014	52,712.2
2013	51,959.9
2012	53,030.3
2011	52,114.4

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Release date

March 2024

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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 Section C of CE Rev2.

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