Human Resources


Labour Productivity & Costs


Productivity


A comparison of global overall productivity in 2018 shows that Slovenia is amongst the most productive of EU-13 new countries.

Labour productivity (PPP), 2018

Estimated GDP (PPP) per person employed per hour, EUR

Source: IMD - World Competitiveness Yearbook, 2018

Costs


Estimated gross annual labour costs per employee in selected industries, 2016

INDUSTRIESUnskilled
worker
(€)
Skilled
worker
(€)
Highly skilled
worker
(€)
Engineers and
professionals
(€)
Automotive                   14,700                  18,400                     20,400 

                      23,800 

Chemicals & Pharmaceuticals        14,700 19,300 27,000 43,400
Electronics & Electrical 14,700 16,000 20,300 25,100
ICT 23,100 27,200 33,000 38,300
Logistics & Distribution 13,600 13,800 18,400 20,800
Machining & Metalworking 14,700 17,300 21,600 23,200
Wood-processing 13,600 14,200 14,400 17,600

 Source: Adecco & own calculations, 2015

Labour costs include: starting level gross wage, average supplement on active employment, annual holiday bonus, reimbursement of meal expenses, reimbursement of travel expenses to and from work, employer's social security contributions.

Not included: extra payments for burdens at work, part of payment for good work results (measured on an individual or group basis), part of payment for successful company operations.


Structure of Labour Cost for Business sector

1.STARTING LEVEL GROSS WAGE (according to General Collective Agreement)
2. + Supplements on active employment (0.5% of (1) for every year of employment)
3. - Employee’s social security contributions (22.1% on items (1)+(2))
4. - Personal income tax (on items (1)+(2)+(6)-(3))
5. STARTING LEVEL NET WAGE (1)+(2)-(3)+(4)
6. + Annual holiday bonus (amount range set by law: from minimum gross wage up to 70% of the average gross wage)
7. + Meal expenses reimbursement (amount range set by law: 4.12-6.12 € per working day)
8. + Reimbursement of traveling expenses to and from work (depends on the price of public transport: minimum 70%; otherwise 0.18 €/km)
9. TOTAL MONTHLY EARNINGS (5)+(6)+(7)+(8)
10. EMPLOYER’S SOCIAL SECURITY CONTRIBUTIONS (16.1% on items (1)+(2))
11. MONTHLY LABOUR COST (1) +(2) +(6) +(7) + (8) + (10)

Source: Institute of the Republic of Slovenia for macroeconomic analysis and development, 2016


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