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