TUESDAY, OCTOBER 15, 1985
9
WAGE RATES REPRESENT THE AMOUNT OF REMUNERATION FOR NORMAL HOURS OF WORK, AND ARE DEFINED TO INCLUDE BASIC WAGES AND SALARIES, COST-OF-LIVING ALLOWANCE, MEAL BENEFITS, COMMISSION AND TIPS, GOOD ATTENDANCE BONUS AND NIGHT SHIFT ALLOWANCE.
IN ADDITION, YEAR-END BONUS AND OTHER GUARANTEED AND REGULAR BONUSES AND ALLOWANCES THAT ARE PAID LESS FREQUENTLY THAN MONTHLY, ARE CONVERTED TO AN EQUIVALENT MONTHLY RATE WHEN COMPILING THE WAGE RATE INDEXES.
TOTAL PAYROLL, ON THE OTHER HAND, IS THE AMOUNT OF DIRECT CASH PAYMENTS THAT EMPLOYEES RECEIVED FROM EMPLOYERS. APART FROM THE ABOVE MENTIONED CASH RECEIPTS, IT ALSO INCLUDES OVERTIME PAY AND OTHER NON-GUARANTEED AND IRREGULAR BONUSES AND ALLOWANCES.
HENCE, STATISTICS ON PAYROLL PER PERSON ENGAGED TEND TO BE SENSITIVE TO CHANGES IN THE NUMBER OF HOURS ACTUALLY WORKED, THE TIMING OF THE PAYMENT OF BONUSES AND BACK-PAY, AND THE COMPOSITION OF THE LABOUR FORCE.
AS A RESULT, MOVEMENTS IN WAGE RATES DO NOT NECESSARILY CONFORM WITH THOSE IN PAYROLL PER PERSON ENGAGED.
THE SURVEY FINDINGS ARE PUBLISHED IN THE REPORT OF WAGES, SALARIES AND EMPLOYEE BENEFITS STATISTICS VOLUME, JUNE 1985 WHICH WILL BE ON SALE SHORTLY AT THE GOVERNMENT PUBLICATIONS CENTRE.
VOLUME 11 ISSUE OF THE REPORT CONTAINING DETAILED OCCUPATIONAL STATISTICS, SUCH AS WAGE RATES, NUMBER OF NORMAL HOURS OF WORK AND NUMBER OF STANDARD WORKING DAYS IS EXPECTED TO BE AVAILABLE AT THE GOVERNMENT PUBLICATIONS CENTRE IN EARLY NOVEMBER 1985.
FOR ENQUIRIES ABOUT THE WAGE INDEXES, CONTACT THE WAGES AND LABOUR COSTS STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT AT TELEPHONE NOS. 5-455774 OR 5-416062.
TABLE 1: NOMINAL WAGE INDEXES BY SELECTED MAJOR ECONOMIC
SECTORS
SELECTED MAJOR ECONOMIC SECTORS
=
INDEXES (MARCH 1982 130)
SEPT. DEC. MAR.
JUN.
1984
1984
JUN. 1984 1985 1985
MANUFACTURING
118.9
120.3
120.8
124.6
126.7
WHOLESALE-RETAIL
113.8
115.6 117.1
120.2
120.0
IMPORT-EXPORT TRADES AND
RESTAURANTS AND HOTELS
TRANSPORT SERVICES
129.7
132.6
132.6
138.4
142.5
/BUSINESS SERVICES
Page 10Page 11