WEDNESDAY, JANUARY 24, 1990
IN
WHILE THE NOMINAL WAGE INDEX MEASURES CHANGES IN WAGE RATES MONEY TERMS, THE REAL WAGE INDEX, WHICH IS OBTAINED BY DEFLATING THE NOMINAL WAGE INDEX BY THE CONSUMER PRICE INDEX (A), MEASURES CHANGES IN THE PURCHASING POWER OF THE WAGES RECEIVED.
A SPOKESMAN FOR THE CENSUS AND STATISTICS DEPARTMENT DREW ATTENTION TO THE DIFFERENCE BETWEEN THE WAGE INDEXES AND THE INDEXES OF PAYROLL PER PERSON ENGAGED WHICH ARE ALSO PUBLISHED AT QUARTERLY INTERVALS.
HE POINTED OUT THAT WHILE WAGE RATES PROVIDE A MEASURE OF THE UNIT PRICE OF LABOUR, PAYROLL PER PERSON ENGAGED 1S A MEASURE OF PER CAPITA EARNINGS.
HOURS
WAGE RATES REPRESENT THE AMOUNT OF
REMUNERATION POR NORMAL 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, ARR 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 RECEIVE 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 то BE SENSITIVE TO CHANGES IN THE NUMBER OF HOURS ACTUALLY WORKED, THE TIMING OF THE PAYMENT OF BONUSES AND BACK-PAY, AND THE COMPOSITION THE LABOUR FORCE.
OF
AS A RESULT, MOVEMENTS IN WAGE RATES DO NOT NECESSARILY CONFORM WITH THOSE IN PAYROLL PER PERSON ENGAGED.
+
THE SURVEY FINDINGS ARE PUBLISHED IN A REPORT OF WAGES, SALARIES AND EMPLOYEE BENEFITS STATISTICS VOL.
SEPTEMBER 1989 WHICH WILL RE ON SALE SHORTLY AT THE GOVERNMENT PUBLICATIONS. CENTRE, OPO BUILDING, CONNAUGHT PLACE, CENTRAL.
THE
VOL.
DETAILED
11 ISSUE OF THE REPORT CONTAINING OCCUPATIONAL STATISTICS, SUCH AS WAGE RATES, NUMBER OF NORMAL HOURS OF WORK AND NUMBER OF STANDARD WORKING DAYS IS EXPECTED TO BE AT THE GOVERNMENT PUBLICATIONS CENTRE IN MID-FEBRUARY.
AVAILABLE
AND LABOUR COSTS DEPARTMENT ON TEL.
ENQUIRIES ABOUT THE WAGE INDEXES MAY BE DIRECTED TO
STATISTICS SECTION OF TUR 8234744 OR 8234747.
THE
CENSUS
AND
WAGES STATISTICS
/TABLE 1