XN000022-1987-12-29 — Page 4

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TUESDAY, DECEMBER 29, 1987

AMONG THE MANAGERIAL AND PROFESSIONAL EMPLOYERS COVERED IN THE SURVEY, IT WAS FOUND THAT 58 PER CENT OF THEM WERE ENTITLED ΤΟ PROFIT-SHARING BONUS. MOREOVER, 32 PER CENT WERE ENTITLED TO HOUSING BENEFITS OF SOME KIND AND 69 PER CENT TO PROVIDENT-RETIREMENT FUND OR PENSION, IT WAS ALSO FOUND THAT 80 PER CENT OF THEM WERE ENTITLED TO GUARANTEED YEAR-END BONUS.

THE DEPARTMENT HAS BEEN CONDUCTING THE ANNUAL SALARIES AND EMPLOYEE BENEFITS (MANAGERIAL AND PROFESSIONAL

EXCLUDING TOP MANAGEMENT) SINCE 1984 TO MEASURE CHANGES RATES FOR THE MANAGERIAL AND PROFESSIONAL EMPLOYEES.

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SURVEY OF

EMPLOYEES IN SALARY

EMPLOYEES OCCUPYING TOP POSITIONS IN MANAGEMENT ARE STILL NOT INCLUDED BECAUSE OF DIFFICULTY IN OBTAINING DATA FOR THEM. LOWER LEVEL EMPLOYEES ARE ALREADY COVERED IN THE QUARTERLY SURVEY OF WAGES, SALARIES AND EMPLOYEES BENEFITS AND THEREFORE ARE ALSO EXCLUDED.

OF

IN THE SURVEY, ONLY EMPLOYEES WORKING IN COMMON OCCUPATIONS MANAGERIAL AND PROFESSIONAL LEVELS IN THE MANUFACTURING-ELECTRICITY, GAS AND STEAM SECTOR; BUILDING AND CONSTRUCTION AND RELATED TRADES SECTOR; WHOLESALE-RETAIL AND IMPORT-EXPORT TRADES SECTOR: TRANSPORT, STORAGE AND COMMUNICATION SECTOR; AND FINANCIAL INSTITUTIONS AND INSURANCE SECTOR ARE COVERED.

BOTH LOCAL AND EXPATRIATE STAFF EMPLOYED IN LARGE AND MEDIUM-SIZED COMPANIES ARE COVERED IN THE SURVEY.

A SAMPLE OF 202 COMPANIES WAS SELECTED FOR THE SURVEY, ALL THE LARGE COMPANIES IN THE ABOVE FIVE ECONOMIC SECTORS WERE ENUMERATED IN FULL WHEREAS RANDOM SAMPLES OF MEDIUM-SIZED COMPANIES WERE SELECTED FROM EACH ECONOMIC SECTOR.

BASED ON THE FINDINGS OF THE SURVEY, A NOMINAL SALARY INDEX (A) AND A NOMINAL SALARY INDEX (B) WERE COMPILED.

THESE SALARY INDICES ARE DESIGNED TO MEASURE CHANGES IN SALARY RATES BY HOLDING THE OCCUPATIONAL, AND INDUSTRIAL STRUCTURES THE SAME AS THAT IN JUNE 1983, WHICH IS TAKEN AS THE BASE PERIOD OF THE INDICES.

THE SALARY INDEX (A) IS COMPILED BY CHAINING THE CHANGES IN AVERAGE SALARY LEVELS OF MANAGERIAL AND PROFESSIONAL EMPLOYEES BETWEEN JUNE 1986 AND JUNE 1987 WITH THE RELATED INDEX FOR JUNE 1986. IT IS A COMPREHENSIVE MEASURE OF CHANGES IN SALARY LEVELS AND IT TAKES INTO ACCOUNT CHANGES IN SALARY LEVEL RESULTING FROM MOVEMENTS ACROSS COMPANIES AND IN AND OUT OF OCCUPATIONS IN ADDITION ΤΟ CHANGE IN SALARIES FOR THOSE WHO REMAIN IN THE SAME OCCUPATION AND THE SAME COMPANY IN BOTH 1986 AND 1987.

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