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FRIDAY, NOVEMBER 29, 1985
MEANWHILE, THE OVERALL REAL SALARY INDEX (A) STOOD AT 109.3 IN JUNE 1985, REPRESENTING AN INCREASE OF 8.2 PER CENT WHEN COMPARED WITH JUNE 1984. THE OVERALL REAL SALARY INDEX (B), ON THE OTHER HAND, STOOD AT 113.4 IN JUNE 1985, REPRESENTING AN INCREASE OF 10.4 PER CENT WHEN COMPARED WITH JUNE 1984.
COMPARING JUNE 1985 WITH JUNE 1984, THE REAL SALARY INDEX (A) FOR THE FINANCIAL INSTITUTIONS AND INSURANCE SECTOR INCREASED BY 9.9 PER CENT FOR THE BUILDING AND CONSTRUCTION AND RELATED TRADES SECTOR BY 9.4 PER CENTS FOR THE MANUFACTURING-ELECTRICITY, GAS AND STEAM SECTOR BY 8.5 PER CENT FOR THE WHOLESALE-RETAIL AND IMPORT-EXPORT TRADES SECTOR BY 7.4 PER CENT AND FOR THE TRANSPORT, STORAGE AND COMMUNICATION SECTOR BY 6.9 PER CENT.
DURING THE SAME PERIOD, THE REAL SALARY INDEX (B) FOR THE FINANCIAL INSTITUTIONS AND INSURANCE SECTOR INCREASED BY 12.4 PER CENT: FOR THE BUILDING AND CONSTRUCTION AND RELATED TRADES SECTOR BY 9.5 PER CENT FOR THE MANUFACTURING-ELECTRICITY, GAS AND STEAM SECTOR BY 10.2 PER CENT FOR THE WHOLESALE-RETAIL AND IMPORT-EXPORT TRADES SECTOR BY 10.5 PER CENT AND FOR THE TRANSPORT, STORAGE AND COMMUNICATION SECTOR BY 8.6 PER CENT.
BETWEEN JUNE 1984 AND JUNE 1985, THE REAL SALARY INDEX (A) FOR LARGE COMPANIES INCREASED BY 5.3 PER CENT AND THAT FOR MEDIUM-SIZED COMPANIES BY 8.9 PER CENT WHILE THE REAL SALARY INDEX (B) FOR LARGE AND MEDIUM-SIZED COMPANIES INCREASED BY 10.0 PER CENT AND 10.5 PER CENT RESPECTIVELY.
THE REAL SALARY INDEX (A) AND REAL SALARY INDEX (B) FOR JUNE 1985 FOR THE MAJOR ECONOMIC SECTORS ANALYSED BY SIZE OF COMPANY ARE SHOWN IN TABLE 3 AND TABLE 4.
AMONG THE MANAGERIAL AND PROFESSIONAL EMPLOYEES COVERED IN THE SURVEY, IT WAS FOUND THAT 59 PER CENT OF THEM WERE ENTITLED TO PROFIT-SHARING BONUS. MOREOVER, 36 PER CENT WERE ENTITLED TO HOUSING BENEFITS OF SOME KIND AND 68 PER CENT TO PROVIDENT- RETIREMENT FUND OR PENSION. IT WAS ALSO FOUND THAT 78 PER CENT OF THEM WERE ENTITLED TO GUARANTEED YEAR-END BONUS.
THE CENSUS AND STATISTICS DEPARTMENT HAS SINCE MARCH 1982 CONDUCTED A QUARTERLY SURVEY OF WAGES. SALARIES AND EMPLOYEE BENEFITS TO MEASURE CHANGES IN WAGE AND SALARY RATES FOR MANUAL AND NON-MANUAL WORKERS. EMPLOYEES AT THE ADMINISTRATIVE AND PROFESSIONAL LEVELS ARE HOWEVER EXCLUDED.
IN ORDER TO COVER THESE TYPES OF EMPLOYEES, THE DEPARTMENT HAS CONDUCTED THE SURVEY OF SALARIES AND EMPLOYEE BENEFITS (MANAGERIAL AND PROFESSIONAL EMPLOYEES EXCLUDING TOP MANAGEMENT) SINCE 1984 TO MEASURE CHANGES IN SALARY RATES SOR THE MANAGERIAL AND PROFESSIONAL EMPLOYEES.
/EMPLOYEES OCCUPYING