+
SATURDAY, APRIL 16, 1988
-
5-
THESE NOMINAL AND
WAGES, SALARIES
REAL WAGE INDEXES
EMPLOYEE AND
DERIVED
FROM
ARE
THE BENEFITS CONDUCTED EACH
SURVEY OF QUARTER BY THE CENSUS AND STATISTICS DEPARTMENT.
THE SURVEY
COVERS
ΒΟΤΗ
MANUAL
AND
NON-MANUAL
WORKERS LEVELS} IN
AND THE
TRANSPORT PERSONAL
(EXCLUDING WORKERS AT THE ADMINISTRATIVE AND PROFESSIONAL SELECTED INDUSTRIES IN THE MANUFACTURING SECTOR, THE WHOLESALE/RETAIL, IMPORT/EXPORT TRADES AND RESTAURANTS AND HOTELS SECTOR, THE
THE BUSINESS
SERVICES
SECTOR
SERVICES SECTOR,
SERVICES SECTOR.
SUCH INDEXES MEASURE CHANGES
STRUCTURAL PATTERN OF THE
HOLDING
THR
TO INDUSTRY, OF MARCH 1982,
IN WAGE RATES BY LABOUR FORCE WITH RESPECT OCCUPATION, SEX AND MODE OF PAYMENT THE SAME AS THAT WHICH IS THE BASE PERIOD OF THE WAGE INDEXES.
IN WHILE THE NOMINAL WAGE INDEX MEASURES CHANGES IN WAGE RATES
DEFLATING THE MONEY TERMS, THE REAL WAGE INDEX, WHICH IS OBTAINED BY
MEASURES CHANGES NOMINAL WAGE INDEX BY THE CONSUMER PRICE INDEX (A), IN THE PURCHASING POWER OF THE WAGES RECEIVED.
THE CENSUS AND
DREW DEPARTMENT STATISTICS A SPOKESMAN FOR
THE INDEXES ATTENTION TO THE DIFFERENCE BETWEEN THE WAGE INDEXES AND
PUBLISHED AT QUARTERLY OF PAYROLL PER PERSON ENGAGED WHICH ARE ALSO INTERVALS.
HE POINTED OUT THAT WHILE WAGE RATES PROVIDE A MEASURE UNIT PRICE OF LABOUR, PAYROLL PER PERSON ENGAGED IS A MEASURE CAPITA EARNINGS.
OF THE
OF PER
AMOUNT OF REMUNERATION FOR NORMAL WAGE RATES REPRESENT THE
WAGES AND SALARIES, HOURS OF WORK, AND ARE DEFINED TO INCLUDE BASIC
COMMISSION AND COST-OF-LIVING ALLOWANCE, MEAL BENEFITS, ATTENDANCE BONUS AND NIGHT SHIFT ALLOWANCE.
TIPS,
GOOD
GUARANTEED AND REGULAR LESS FREQUENTLY THAN MONTHLY, COMPILING THE WAGE
IN ADDITION, YEAR-END BONUS AND OTHER BONUSES AND ALLOWANCES THAT ARE PAID ARE CONVERTED TO AN EQUIVALENT MONTHLY RATE WHEN RATE INDEXES.
TOTAL PAYROLL, ON THE OTHER HAND, IS THE AMOUNT OF DIRECT PAYMENTS THAT EMPLOYEES RECEIVE FROM EMPLOYERS. APART FROM THE OVERTIME PAY AND ALSO INCLUDES MENTIONED CASH RECEIPTS, IT
NON-GUARANTEED AND IRREGULAR BONUSES AND ALLOWANCES.
ENGAGED PERSON OF HOURS ACTUALLY
HENCE, STATISTICS ON PAYROLL PER
NUMBER
CASH
ABOVE OTHER
TEND TO BE WORKED, THE
OF
SENSITIVE TO CHANGES IN THE TIMING OF THE PAYMENT OF BONUSES AND BACK-PAY, AND THE COMPOSITION THE LABOUR FORCE.
AS A RESULT,
MOVEMENTS
IN WAGE RATES DO
NOT
NECESSARILY
CONFORM WITH THOSE IN PAYROLL PER PERSON ENGAGED.
THE SURVEY