Labour costs per employee up by 5% last year

Ljubljana – Average monthly costs per person in paid employment in Slovenia increased by 5% last year to EUR 2,498.73, data from the Statistics Office shows. Wages accounted for 86.4% of the labour costs. According to Eurostat, Slovenia’s labour costs were below the EU average.

Average monthly labour costs were the highest in the electricity, gas, steam and air conditioning supply sector, at EUR 3,903.58 per employee, and in financial and insurance industry, at EUR 3,683.87.

They stood lowest in the hospitality industry, at EUR 1,520.88, and in other services, at EUR 1,653.86.

Eurostat data cited by the Slovenian Statistics Office shows the highest average labour costs per hour worked in all activities last year (except agriculture, forestry and fishing, public administration and defence, and compulsory social security) and in businesses with more than nine employees were recorded in Denmark (EUR 45.8), Luxembourg (EUR 42.1) and Belgium (EUR 41.1).

While the EU-27 average stood at EUR 28.5, Slovenia ranked below that level at EUR 19.9, to place between Spain (EUR 22.8) and Cyprus (EUR 17.0). The lowest labour cost per hour were recorded in Bulgaria (EUR 6.5) and Romania (EUR 8.1).

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