Key Indicators of the Labour Market 2015 KILM

15. Wages and compensation costs

This chapter presents two distinct and complementary indicators. The first, table 15a, shows trends in average monthly wages in the total economy for 126 countries, while the second, table 15b, presents the trends and structure of employers’ average compensation costs for the employment of workers in the manufacturing sector, available for 33 countries.

Harvesting information from international data repositories as well as regional and national statistical sources, the KILM offers data for over 200 countries. The 17 indicators provide detailed information related to 36 data tables, including indicators on employment (occupation, status, sector, hours, etc.), labour underutilization and the characteristics of job seekers, education, wages, labour productivity and working poverty. Taken together, these indicators provide a strong foundation from which to address key questions related to productive employment and decent work.