The labour cost index (AKI) for wage-earners

The total labour cost index (AKI) for wage-earners includes pay for hours worked, pay for hours not worked, other cash payments and payments in kind, cost for additional pension benefits and other collective fees, contribution to the health insurance scheme, contributions to the national basic and supplementary pension scheme, sick-pay and other collective fees and a special payroll tax.

Short-term information exists only for pay for hours worked, and the corresponding hours worked. These data are collected in the monthly survey Wages and Salaries in the Private Sector. The reported amount of wages includes hourly earnings from time-work or piece-work, overtime supplement pay and shift pay, additional inconvenient hours of work and piecework compensation.

Pay for hours not worked: Pay and remuneration for weekends and public holidays, holiday pay, holiday remuneration, benefits for illness etc. are as a rule calculated as simple regression estimates. Sick pay is also collected in the monthly survey Wages and salaries in the private sector.

Other cash payments, payments in kind etc are based on data reported in the yearly survey Average hourly earnings of wage-earners in the private sector.

Employer's social security expenditure  (excl. statutory employment taxes), e.g. costs of additional pension benefits, other collective fees and statutory employment taxes, e.g. contribution to the health insurance scheme, contribution to the national basic pension scheme, other statutory employment taxes and a general payroll tax are calculated on the basis of charges in per cent from basic data laid down by the Confederation of Swedish Enterprise and insurance companies which administrate the Swedish security system.

Cost for vocational training, medical care and other staff welfare services, reimbursements and other costs are excluded from the labour cost index.

The labour cost index (AKI) for salaried employees

The total labour cost index (AKI) for salaried employees includes monthly salaries, other cash payments and payments in kind.  These costs are collected in the short-term survey Wages and salaries in the private sector. Employers social security expenditure and statutory employment taxes are almost the same as for the wage-earners.

Classification of industries

Industries are classified according to the Swedish Standard Industrial Classification, 2007 (SNI 2007). The classification standard is based on the revised standard NACE Rev. 2 (NACE = Nomenclature Générale des Activités Economiques dans les Communautés Européennes).