XN000022-1988-04-16 — Page 6

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SATURDAY, APRIL 16, 1988

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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