Income in kind received by employees is measured by the value of the goods and services provided by employers to their employees in remuneration for work done.

Workers receiving remuneration in kind are treated as making expenditures equal to the market value of the goods or services received (at producers’ prices if produced by the employer or at purchasers’ prices if bought by the employer), the costs of the expenditures being met out of the income they receive as remuneration in kind. Thus, the values of the goods and services must be recorded as final consumption expenditure incurred by households as well as income in kind.

System of National Accounts 2008