1. Labour price index
Nathalie Peltzer,

2. Content Labour price index Sources Method Results
Other statistics on labour costs
Questions

3. What is labour price index?
The labour price index provides information on the development of labour cost per hour worked by employees, corrected for changes in personnel structure. What remains after correction for such changes in personnel structure is a pure price change of labour.

4. Purpose Development of the labour price index;
to have a pure price change of labour
Used in press releases
Used in contracts?

5. Sources Monthly insurance policy administration database (integral);
Institute for Implementation of Employees' Insurances (UWV)
Data on pension contributions;
statistics on index figures of collectively negotiated wages
Data regarding the highest level of education;
Social Statistical Datasets (SSD)

6. Quality features of labour
Gender x age group x education level x industrial category x whether or not work under a collective labour agreement =
4608 weighting cells
Six age groups
Three education levels: low, middle, high
64 industrial groups*
*Working level, the publication level is more aggregated.

7. Method

8. Results Structural effect and jobs of employees*
* Jobs are defined according to ESA2010 guidelines

9. Results
The development of wage costs per hour worked *

10. Other statistics on labour costs
Contractual wage costs;
contractual wage costs of full-time employees whose
wages are fixed in collective labour agreements
Four-yearly labour costs survey;
Compensation of employees, education costs and
other costs such as in-house medical costs
Labour costs index (LCI)

11. Labour price index and LCI
Population is different; LCI covers the economic activities of industry and services and the LPI concerns all economic activities
LCI is not free of structural changes
LCI is a quarterly index
First figures of the LCI are released within 70 days, based on quarterly flash estimates. LPI is based on a regular quarter (t+85)

12. Labour price index and LCI

13. Questions?