Variable Description

Name
Salaries and wages / turnover ratio en-NZ
Label
Salaries and wages / turnover ratio en-NZ
Description

Salaries and wages divided by turnover (sales and/or services plus interest received plus dividends plus rental and lease payments plus other income).

This ratio represents the percentage of turnover income that is spent on labour costs. It can be an indicator of whether a business is spending too much or too little of its turnover income on staffing the business.

en-NZ
This variable is not part of a dataset.

Representation

Representation Type
Numeric
Type
Integer
Variable is a Weight
False
Aggregation Method
Unspecified
Temporal
False
Geographic
False

Concept

Conceptual Variable
Concept

Appears Within

Information

History

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Revision Date Responsibility Rationale
4 1/07/2024 10:40:58 AM