Definition: Staff housing

Labour market

This refers to expenditure by the enterprise to assist employees with housing, including: expenditure on housing owned by the enterprise (expenditure on the maintenance and administration of housing, and tax and insurance relating to such housing) and reduced-interest loans for the construction or purchase of housing by staff (the difference between the market interest rate and the rate granted) ; allowances and subsidies granted to employees in connection with their housing, and installation, but excluding removal allowances.
Source:
Community statistics on the level and structure of labour costs 1996 - List, definition and breakdown of the variables, p.6
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