European Concrete, Cement and Plaster Articles Labour Cost Per Employee FTE by Country

In 2023, Switzerland led Europe with the highest labour cost per employee FTE in the concrete, cement, and plaster articles sector at 93.3 thousand euros, followed by Denmark and Austria, all exceeding 60 thousand euros. At the lower end, Bulgaria and Bosnia and Herzegovina had costs below 11 thousand euros. The disparities between Western and Eastern Europe were pronounced, reflecting varying economic conditions and labor market dynamics. Nil variations were observed in the recent year, indicating stable trends from 2023 to 2024. The CAGR over the last five years emphasizes sustained regional differences in labor costs.

Future trends to watch include potential impacts from automation, shifts in energy costs, and economic policies on labor expenses across countries. The growing emphasis on sustainability and efficient building practices may influence labor dynamics and costs in the industry.