Switzerland: furniture manufacturing industry personnel costs 2020

In 2020, the personnel costs of the furniture manufacturing industry in Switzerland remained nearly unchanged at around 689.6 million euros. With a decline of 10.5 million euros (-1.5 percent), there is no significant change to 2019.
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 furniture manufacturing industry in Switzerland with key insights such as number of enterprises, turnover, and production value.

Personnel costs of the furniture manufacturing industry in Switzerland from 2011 to 2020 (in million euros)

Characteristic	Annual personnel costs in million euros
2020	689.6
2019	700.1
2018	683.7
2017	688.3
2015	793.9
2014	701.5
2013	772.5
2012	809.2
2011	843.5

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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 Section C31 of CE Rev. 2.

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