France monthly non-wage hourly labour cost: real estate
France monthly non-wage hourly labour cost: real estate stood at 99.7 in Jun 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Minimum wage and hourly labour cost table (Value · Monthly), with a complete series running from Dec 2008 to Jun 2026. The complete series with an interactive chart, free to download.
This indicator in the Minimum wage and hourly labour cost table
| Indicator | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Monthly hourly labour cost | |||||||||||
| Labour costs other than wages and salaries - Real estate services (NAF rev. 2, item L) | 99.7 | 99.7 | 99.7 | 99.6 | 99.6 | 99.6 | 99.6 | 99.6 | 99.6 | 99.4 | |
| Labour costs other than wages and salaries - Professional, scientific and technical activities (NAF rev. 2, item M) | 99 | 99 | 99 | 98.9 | 98.9 | 98.9 | 98.9 | 98.9 | 98.9 | 98.7 |
Understanding france monthly non-wage hourly labour cost: real estate
Auxiliary employer expenditures per hour worked within property management, leasing, and brokerage services measure the non-salary fiscal obligations associated with real estate personnel. The calculation encompasses mandatory social contributions, supplementary health schemes, and payroll taxes per hour actually worked, isolating these overheads from base salaries and direct commissions. In contrast to industrial or heavy engineering sibling series, this measure reflects lower physical hazard insurance premiums and office-centric benefit structures. Severance disbursements, direct commission payments, and out-of-pocket expense reimbursements are excluded.
Interpreting this series necessitates awareness of minor revisions that occur as quarterly and annual social security declarations replace initial monthly estimates. Seasonal patterns are generally milder than in agriculture or construction, yet year-on-year comparisons remain the preferred method to evaluate underlying cost trajectories free from annual bonus timing effects. When comparing this metric with construction labor costs, analysts should note that real estate services operate under entirely different collective bargaining agreements governing supplementary benefits and contribution rates.
Frequently asked questions
- What does this real estate index exclude from its calculation?
- It excludes all direct base wages, sales commissions paid directly to agents, and employee expense reimbursements.
- Are seasonal fluctuations significant in real estate labor cost data?
- Seasonal variations are typically subdued compared to outdoor industries, though end-of-year administrative reconciliations can cause temporary monthly ripples.
- How should analysts compare this series with construction labor costs?
- Caution is required because the two sectors operate under completely separate collective agreements with distinct social contribution rates and occupational hazard rules.