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StateMaster - Correlations > Economy > GSP > Compensation of Employees > Funds, trusts, and other financial vehicles
 

Correlations > Economy Statistics > GSP > Compensation of Employees > Funds, trusts, and other financial vehicles


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DEFINITION: Funds, trusts, and other financial vehicles, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.

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