MONDAY, OCTOBER 16, 1989
8
1988 TO JUNE 1989
THE REAL WAGE INDEXES FOR THE PERIOD JUNE FOR SELECTED MAJOR ECONOMIC SECTORS ARE GIVEN IN TABLE 3.
REAL
AND
WAGE INDEXES ARE
EMPLOYEE
DERIVED FROM
BENEFITS CONDUCTED
THE EACH
THESE NOMINAL AND
OF SURVEY
SALARIES WAGES, QUARTER BY THE CENSUS AND STATISTICS DEPARTMENT.
NON-MANUAL WORKERS (EXCLUDING PROFESSIONAL LEVELS) IN SELECTED
SECTOR,
WHOLESALE/RETAIL,
AND MANUAL BOTH THIS COVERS WORKERS AT THE ADMINISTRATIVE AND INDUSTRIES IN
THE
MANUFACTURING THE IMPORT/EXPORT TRADES AND RESTAURANTS AND HOTELS SECTOR, THE
BUSINESS SERVICES SECTOR, THE
SERVICES
SERVICES SECTOR.
SUCH INDEXES MEASURE CHANGES
SECTOR AND
THE
TRANSPORT PERSONAL
HOLDING THE TO INDUSTRY, OF MARCH 1982,
IN WAGE RATES BY LABOUR FORCE WITH RESPECT STRUCTURAL PATTERN OF THE 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
DREW THE INDEXES PUBLISHED AT QUARTERLY
CENSUS AND STATISTICS DEPARTMENT A SPOKESMAN FOR ATTENTION TO THE DIFFERENCE BETWEEN THE WAGE INDEXES AND OF PAYROLL PER PERSON ENGAGED WHICH ARE ALSO INTERVALS.
PROVIDE A MEASURE OF THE HE POINTED OUT THAT WHILE WAGE RATES
OF PER UNIT PUICE OF LABOUR, PAYROLL PER PERSON ENGAGED IS A MEASURE CAPITA EARNINGS.
AMOUNT OF REMUNERATION FOR NORMAL WAGE RATES REPRESENT THE
AND SALARIES, HOURS OF WORK, AND ARE DEFINED TO INCLUDE BASIC WAGES
COMISSION BENEFITS, COST-OF-LIVING ALLOWANCE, MEAL ATTENDANCE BONUS AND NIGHT SHIFT ALLOWANCE.
AND
TIPS,
GOOD
GUARANTEED AND REGULAR IN ADDITION, YEAR-END BONUS AND OTHER
LESS FREQUENTLY THAN MONTHLY, BONUSES AND ALLOWANCES THAT ARE PAID
COMPILING THE WAGE ARE CONVERTED TO AN EQUIVALENT MONTHLY RATE WHEN RATE INDEXES.
CASH
TOTAL PAYROLL, ON THE OTHER HAND, IS THE AMOUNT OF DIRECT
THE ABOVE PAYMENTS THAT EMPLOYEES RECEIVE FROM EMPLOYERS, APART FROM
ALSO INCLUDES OVERTIME PAY AND OTHER MENTIONED CASH RECEIPTS, IT NON-GUARANTEED AND IRREGULAR BONUSES AND ALLOWANCES.
PERSON ENGAGED TEND TO BE HENCE, STATISTICS ON PAYROLL PER
NUMBER OF HOURS
THE WORKED, ACTUALLY
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 CONFORM WITH THOSE IN PAYROLL PER PERSON ENGAGED.
DO
NOT
NECESSARILY
THE SURVEY