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In 2020, the personnel costs of the real estate industry in Switzerland remained nearly unchanged at around 3.2 billion euros. Nevertheless, 2020 still represents a peak in the personnel costs in this industry in Switzerland with 3.2 billion euros.
According to Eurostat, cost of personnel are defined as the total remuneration payable by an employer to an employee in return for work during the reference period. It also includes taxes and employees' social security contributions retained by the unit as well as the employer's compulsory and voluntary social contributions. Personnel costs are made up of wages and salaries and employers' social security costs.

Find more key insights for the personnel costs in countries like Austria and Germany.