Question

explain the meaning of compensation of employees​

Answer 1

Compensation of employees (CE) is a statistical term used in national accounts, balance of payments statistics and sometimes in corporate accounts as well. It refers basically to the total gross (pre-tax) wages paid by employers to employees for work done in an accounting period, such as a quarter or a year.

Answer 2

compensation of employees(CE) is a statistical turn used in National account, Balance of payments statistics and sometimes in corporate accounts as well. it refers basically to the total gross(pre-tax) wages paid by employers to employees for work done in accounting period such as a quarter aur year