Official Concept and Definition
Compensation
| Definition | Includes salaries and wages, separation/retirement/terminal pay, gratuities, and payments made by the employer in behalf of the employees such as contribution to SSS/GSIS, ECC, PhilHealth, Pag-ibig, etc. |
| Formula |  |
| PSS Agency | PSA |
| Source/s | 2012 Census of Philippine Business and Industry (CPBI) https://psa.gov.ph/content/2012-census-philippine-business-and-industry-administ… |
| Indicators / Statistics Being Generated | Not applicable |
| PSA Board Resolution | Not applicable |
| Statistical Domain | Demographic and social statistics |
| Statistical Activity | Labour |
MENU
- About ISSiP
- About Statistical Standards
- Database of Statistical Standards in the Philippines
Official Concepts and Definitions
Flyer
Video
