This document is an excerpt from the EUR-Lex website
Comparable EU-wide labour cost statistics
WHAT IS THE AIM OF THE REGULATION?
Eurostat checks all LCI data that EU countries transmit for completeness and consistency.
The European Statistical System Committee composed of national experts assists and advises the Commission, including on draft legislation.
Every 2 years, the Commission submits a report on the regulation’s implementation to the European Parliament and the Council. This report assesses the quality of the transmitted LCI series data and the quality of the transmitted back data (i.e. data for the period running from the first quarter of 2000 to the fourth quarter of 2008).
FROM WHEN DOES THE REGULATION APPLY?
It has applied since 2 April 2003.
The labour cost index shows the short-term development of labour costs and the total costs on an hourly basis of employing labour for the entire economy or various subsectors.
For more information, see:
* KEY TERMS
Labour costs: the core costs to employers of employing staff. They include wages and salaries, employers’ social security contributions and employment taxes. They do not include vocational training costs or expenditure on recruitment.
NACE: from the French Nomenclature statistique des activités économiques dans la Communauté européenne (the Statistical classification of economic activities in the European Community). Various versions have been developed since 1970.
Regulation (EC) No 450/2003 of the European Parliament and of the Council of 27 February 2003 concerning the labour cost index (OJ L 69, 13.3.2003, pp. 1–5)
Successive amendments to Regulation (EC) No 450/2003 have been incorporated in the original text. This consolidated version is of documentary value only.
Report from the Commission to the European Parliament and the Council on the implementation of Regulation (EC) No 450/2003 of the European Parliament and of the Council concerning the labour cost index (LCI) (COM(2015) 42 final, 3.2.2015)
Commission Regulation (EC) No 1216/2003 of 7 July 2003 implementing Regulation (EC) No 450/2003 of the European Parliament and of the Council concerning the labour cost index (OJ L 169, 8.7.2003, pp. 37–43)
See consolidated version.
last update 17.10.2016