Sichuan - Compensation of Employees

18,513 (100 Million Yuan) in 2017

In 2017, compensation of employees for Sichuan was 18,513 100 million yuan. Between 2003 and 2017, compensation of employees of Sichuan grew substantially from 2,610 to 18,513 100 million yuan rising at an increasing annual rate that reached a maximum of 24.16% in 2007 and then decreased to 15.23% in 2017.

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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 Sichuan compensation of employees?