Definition
2.3 WAGESAND SALARIES PAIDTO EMPLOYEES DURING2003
This item includes the following classes of payments and relates to "gross" remuneration, i.e. total before any deductions are made by the
employer in respect of taxes, contributions of employees to social security and pension schemes, life insurance premiums, union dues and other obligations of employees.
(a) Direct Wages and Salaries - relates to cash payments for current work performed and includes straight line pay of time-rated workers, incentive pay of time rated workers, earnings of piece rate workers and premium pay for overtime, late shift and holiday work. Also included are commissions, responsibility premiums, dirt and discomfort allowances, cash indemnities, payments and under guaranteed pay systems, cost-of-living allowances and other regular allowances.
(b) Remuneration for Time not Worked - comprises cash payments in respect of public holidays, annual vacations and other-time off with pay.
(c) Bonuses and Gratuities - include year-end and seasonal as well as production and profit sharing bonuses.
(d) Payments in Kind - these are goods and services furnished to employees free of charge or at markedly reduced cost which are clearly and primarily of benefit to employees as consumers. They comprise food including the supply of milk, rice, flour, tea, etc., drink, fuel and other payments in kind, e.g. holiday warrants and season tickets and cost other than capital, of workers housing borne by the employer, Report figures following the breakdown shown as far as your records permit.
