Impact of salaries

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4 comments

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    DougO
    Through the labor income activity type (employee compensation sector). Note this assumes that you incomes include benefits. We have a table you can use to convert wage and salary to employee compensation if you need to add benefits under downloads.
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    sharma
    1. What type of information would I need if want to use "household income change" type of activity? 2. Is it ok to use sector 438 ("Employment and payroll for SL government Education") for the university employees? If yes, is the "Industry total sales" corresponds to the total payroll ( salary + fringe benefit)? What is the "employee compensation" is this case? 3. In the labor income activity type(employee compensation sector), I understand that the amount to enter for this sector should be salary + fringe benefit, I am right? 4. Where can I get the table to convert salary into employee compensation?
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    DougO
    1) You would need to remove all employer paid taxes (both sides of social security and medicare) and any payment to households outside of the region (in-commuters) before applying the remaining compensation to "household income change". 2) Sector 438 has a component going to "capital consumption allowance" which most users would not want. Applying it as a labor income change is one-to-one with compensation. 3) Employee compensation include wage and salary, benefits and employer paid taxes (ie, both sides of social insurance). It represents all payroll costs. 4) It's on this page - http://implan.com/V4/index.php?option=com_docman&task=cat_view&gid=137&Itemid=7
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    chsolutions
    After looking/using post #9365, specifically the link to the conversion between Employee compensation and wage salary, I downloaded the conversion document. I noticed the conversions were dated for 2006 and 2007. I am using 2009 data, therefore I downloaded the data myself from BEA and calculated the 2008 and 2009 conversions. I imagine this might prove useful for other users, therefore am attaching the document with this email. [attachment=166]Convert 440 IMPLAN wage and salary definitions2.xlsx[/attachment]
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