Poland's total labour costs rise by 2.1% y/y in Q3 of 2013

By bne IntelliNews December 18, 2013

Total hourly labour costs in Poland grew by 2.1% y/y in Q3 of 2013 (after rising by 2.0% y/y a quarter earlier) and in the economies of the 28 member states of the European Union (EU), they were up by 1.0% y/y, according to Eurostat.
At that time, in Poland, wage and salary costs were up by 2.1% y/y, while labour costs other than wages and salaries (including the employers' social contributions plus employment taxes) were up by 2.2%.
In the industry sector, Poland's total hourly labour costs grew by 2.7% in Q3, in the construction sector, they were up by 0.7% and in the services sector, they rose by 3.0%.

Related Articles

Poland’s Enterprise Investors acquires Croatian grocery chain Studenac

Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, signed an agreement to acquire a 100% stake in Studenac, a network of neighbourhood grocery stores operating in ... more

Polish PM takes over supervision of PKN Orlen and Lotos

Poland’s Prime Minister Mateusz Morawiecki has taken over supervision of two state-controlled oil and gas companies, PKN Orlen and Lotos, the energy ministry said on June 5. Stripping the ... more

CEE's oldest accelerator StartupYard picks six startups for crowdsourced funding

Prague-based start-up accelerator StartupYard will distribute up to CZK20mn (€782,000) to young companies to help them grow their businesses. The money was raised via a crowdfunding campaign ... more