Xinjiang - Compensation of Employees

6,341 (100 Million Yuan) in 2017

In 2017, compensation of employees for Xinjiang was 6,341 100 million yuan. Between 2003 and 2017, compensation of employees of Xinjiang grew substantially from 1,037 to 6,341 100 million yuan rising at an increasing annual rate that reached a maximum of 22.34% in 2008 and then decreased to 13.13% 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 Xinjiang compensation of employees?