The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.

If you are looking for statistical figures, go from the definition to the statistics page.

Wages and salaries

Wages and salaries include compensations in money of all employees of the enterprise for work done during the month. Wages and salaries comprise all income taxes and social security contributions collected from employees as well as diverse additional work (overtime work, night work) bonuses and holiday bonuses. Wages and salaries exclude incentive stock options, expenditure arising from the performing of the work and employer's social security contributions.



Statistics using the definition

Validity of the definition

  • Valid

Source organisation

  • Tilastokeskus

Wages and salaries refer to remunerations for and within an accounting period as well as fringe benefits in accordance with the Preliminary Tax Withholding Act. Wages and salaries also include wages and salaries paid by self-employed persons to themselves. Returns on stock options are not included in wages and salaries.

In some industries, wages and salaries are higher than in reality because a group head may report to the tax authorities the preliminary tax withheld by its subsidiary company. In this case, the wages and salaries of the subsidiary company may become recorded in statistics for the industry of the group head. In insurance activities wages and salaries also include the wages and salaries of agents although agents are not normally included in the number of employees.

Statistics Finland's actual statistics on wages and salaries are compiled with a different method, so they are not comparable with the data in the Register of Enterprises and Establishments.



Statistics using the definition

Validity of the definition

  • Valid

Source organisation

  • Tilastokeskus

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