Employee compensation and labor income

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    DougO
    Labor Income = Employee Compensatio + Proprietor Income. Employment also includes self-employment (proprietors).
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    Charest
    Thank you. Are employee benefits included in labour income or are they in proprietor income or elsewhere ?
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    Charest
    Sorry, let me rephrase : are employee benefits included in employee compensation ?
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    DougO
    Yes all payroll costs including benefits and employer paid taxes are included in employee compensation.
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