Labour costs are a crucial factor in the ability of enterprises and countries to compete. When specific to the manufacturing sector, labour costs serve as an indicator of competitiveness of manufactured goods in world trade. This is why governments, social partners, researchers and national and international institutions are interested in labour cost information that can be compared between countries and industries.

The cost of labour is the sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer. 

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