Telecommunications sector: personnel costs Italy 2021

The personnel costs of the telecommunications industry in Italy increased by 353.2 million euros (+7.78 percent) since the previous year. In total, the personnel costs amounted to 4.9 billion euros in 2021. This increase was preceded by declining personnel costs in this industry.
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 statistics on the telecommunications industry in Italy with key insights such as turnover, production value, and number of employees.