Hebei - Compensation of Employees

14,860 (100 Million Yuan) in 2017

In 2017, compensation of employees for Hebei was 14,860 100 million yuan. Compensation of employees of Hebei increased from 2,345 100 million yuan in 2003 to 14,860 100 million yuan in 2017 growing at an average annual rate of 14.52%.

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What is compensation of employees?

Compensation of Employees refers to the total payment of various forms to employees for the productive activities they are engaged in. It includes wages, bonuses and allowances, which the employees earn in cash or in kind. It also includes the free medical services provided to the employees and the medicine expenses, transport subsidies and social insurance, and housing fund paid by the employers.

What is Hebei compensation of employees?