Article
Position in Hong Kong
Article 11
Statistics of labour cost shall be compiled covering important branches of economic activity. Where possible, there statistics shall be consistent with data on employment and hours of work (hours actually worked or hours pald for) of the sume scope.
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While the article specifles that statistics of ́labour chall be compiled, thone available in Hong Kong me to, but not exnelly, the concept of “labour cost'. Data from the annual.
on compensation of employeen, obtained economic surveys are the closest we have to the definition of 'labour cost in international recommendations. constituente of
The compensation of employees' are (a) nages and salaries and (b) payments in kind and employees' security expenditure.
social Some of the labour cost items, namely, staff training, recruitment and uniforms, are not included in "compensation of employees'.
The above information, with breakdown into (a) and (b), 16 available for almout all economic sectors in the International Standard Industrial Classification of ALL Economic Activities, with the exception of Major Division 1, i.c. "Agriculture, Hunting, Forestry
Forestry and Fishing', and some selected trades in Major Division 9, 1.e. Community, Social and Personal Services".
In the annual economic surveys, data on the number of persons engaged and compensation of employees' are collected and presented together. They are consistent with each other in terms of coverage, concepta and methodology. It should however be noted that employment data obtained from the annual economic Gurveys arc not necessarily consistent with those form quarterly employment surveys or household surveys because of difference in Gurvey coverage, concepts and methodology. Statistics of hours of work ́ are not available in the annual economic surveys.
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