Definition: Direct remuneration and bonuses

Category: Labour market

It includes the values of any social contributions, income taxes, etc., payable by the employee even if they are actually withheld by the employer and paid directly to social insurance schemes, tax authorities, etc. on behalf of the employee plus  direct remuneration and bonuses.
Source:
Community statistics on the level and structure of labour costs 1996 - List, definition and breakdown of the variables, p.5
Created:
Updated: