Definition: Staff housing

Category: Labour market

This refers to expenditure by the enterprise to assist employees with housing, including: expenditure on housing owned by the enterprise (expenditure on the maintenance and administration of housing, and tax and insurance relating to such housing) and reduced-interest loans for the construction or purchase of housing by staff (the difference between the market interest rate and the rate granted) ; allowances and subsidies granted to employees in connection with their housing, and installation, but excluding removal allowances.