Monthly average labour cost was 3 991 TL
According to results of the Labour Cost Survey, which was conducted four-yearly to give information on total labour cost of employment to the employer and shares of these cost items within total labour cost, monthly average labour cost was estimated as 3 991 TL for the reference year 2016. The figure was 2 680 TL for the reference year 2012.
The highest labour cost was observed in the economic activity of financial and insurance activities
As the monthly average labour cost was investigated by economic activity of the establishment, the highest labour cost was observed in K (Financial and insurance activities) sector in 2016 with the 8 005 TL. This sector was followed by J (Information and communication) sector with 7 538 TL and D (Electricity, gas, steam and air conditioning supply) sector with 6 087 TL. The lowest labour cost pertained to the I (Accommodation and food service activities) sector with 2 963 TL. This sector was followed by F (Construction) sector with 2 992 TL and N (Administrative and support service activities) sector with 3 283 TL.
Monthly average labour costs by economic activity, 2016
Actual weekly working hours and monthly average labour cost by economic activity, 2016
Gross Earnings had the greatest share within labour cost with 82.9%
It was observed that the greatest share within labour cost attributes to gross earnings by 82.9%. This share was followed by social security payments share with 16.7%. The proportion of other labour cost payments was realized as 0.4%.
Labour cost components, 2016
The highest share pertained to the payments made for days worked within components of earnings was 83.7%
Payments made for days worked constituted the 83.7% of earnings. The proportion of payments made for days not worked within earnings was estimated as 10.2%. Where the share of irregular payments was realized as 3.9%, in kind payments was 2.2% and savings scheme payments was 0.05%.
Earnings components, 2016
The compulsory payments had the greatest share within social security payments with 84.1%
The greatest share within social security payments pertained to the compulsory payments with 84.1% in. The share of severance and termination payments was estimated as 14.0%. The share of voluntary social security payments was realized as 1.0% and other social security payments were realized as 0.9%.
The purpose of the labour cost surveys is to give information on total labour cost of employment to the employer and shares of these cost items within total labour cost, to meet the demands on labour cost data and to produce estimations in accordance with international standards and country conditions. Therefore labour cost surveys are conducted in four year intervals simultaneously with European Union countries.