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. 2014 Sep 16;11(1):181–207. doi: 10.1007/s11482-014-9361-z

Table 2.

Description of the indicators of earnings and incomes

Indicator Description
Compensation of employees It refers to gross wages, salaries and other benefits earned by individuals in economies other than those in which they are resident, for work performed and paid for by residents of those economies. Compensation of employees includes salaries paid to seasonal and other short-term workers (less than 1 year), to the employees of embassies and of other territorial enclaves that are not considered part of the national economy and to cross-border workers.
Net adjustable household income It is household disposable income that is adjusted for social transfers in kind. Social transfers in kind are goods and services such as education, healthcare and other public services that are provided by the government for free or below provision cost. It includes income from economic activity (wages and salaries; profits of self-employed business owners), property income (dividends, interests and rents), social benefits in cash (retirement pensions, unemployment benefits, family allowances, basic income support, etc.), and social transfers in kind (goods and services, such as healthcare, education and housing, received either free of charge or at reduced prices).
Median regional income It is a median of equivalised household total disposable income after correcting for total housing costs.