Answer to Question #197414 in Microeconomics for Sinovuyo

Question

Brief explanation of the public sector wage bill

Answer 1

Public sector wage bill includes the total compensation of employees of the general government sector, which comprises all levels of government (central, state, local and social security) and includes ministries, agencies and non- profit institutions controlled by government.The public sector wage bill is comprised of regular payroll expenditures such as: basic salary, house allowance, and all other allowances payable to public servants. It also includes other personnel-related expenditures which are not paid on a regular basis, such as fees, commissions and honoraria, refund of medical expenses, and other personnel benefits.