OECD Factbook 2008
Economic, Environmental and Social Statistics

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Labour compensation
Labour compensation per unit labour input shows the average compensation received by employees of businesses, either per hour worked or on an annual basis per employee. Annual growth rates based on data in national currency show relative changes over time in labour compensation across countries. Adjusting by purchasing power parity (PPP) converts all countries data to a common currency allowing meaningful cross country comparisons of data in levels to be made. The country data can be interpreted as the quantity of equivalent goods and services that could be purchased for the compensation received for labour services rendered. The data presented here are an output of the OECD System of Unit Labour Cost and Related Indicators which produces annual and quarterly unit labour cost and related indicators (e.g., labour compensation per unit labour input, labour productivity) according to a specific methodology to ensure data are comparable across all OECD countries.
Also available in: French
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