Definition

This component represents sums actually paid to dismissed workers (severance pay and compensation in lieu of notice) if these payments are linked to a collective agreement or if the existence of such a linkage is unknown.

Payments not linked to a collective agreement are included in D.11112 (Direct remuneration, bonuses and allowances not paid in each pay
period).

Payments made to employees on retirement, e.g. as part of their pension entitlement, should not be included in D.1223 (Payments to employees leaving the enterprise).

Source

Commission Regulation (EC) No 1737/2005 of 21 October 2005 de 21 de octubre de 2005 amending Regulation (EC) No 1726/1999 as regards the definition and transmission of information on labour costs More information

Topic

• Work, income and wage costs
• Economic accounts

Statistical operations

(links to the Inventory of Statistical Operations)

• 30187 - Quarterly Labour Cost Survey (QLCS)

Concepts associated

There are no related concepts