XN000022-1987-01-16 — Page 7

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PRIDAY, JANUARY 16, 1987

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 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 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 A REPORT OF WAGES, SALARIES AND EMPLOYEE BENEFITS STATISTICS VOL. I SEPTEMBER 1986 WHICH WILL BE ON SALE SHORTLY AT THE GOVERNMENT PUBLICATIONS CENTRE.

THE VOL. 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 EARLY NEXT MONTH.

FOR ENQUIRIES ABOUT THE WAGE INDEXES, CONTACT THE WAGES AND LABOUR COSTS STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT ON 5-455774 OR 5-416062.

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