In 2017, compensation of employees for Chongqing was 10,014 100 million yuan. Between 2003 and 2017, compensation of employees of Chongqing grew substantially from 1,219 to 10,014 100 million yuan rising at an increasing annual rate that reached a maximum of 23.66% in 2011 and then decreased to 12.21% in 2017.
The description is composed by our digital data assistant.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.
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