Average Earnings Report for June 2015
Produced by the
Statistics Jersey (Strategic Policy, Planning and Performance)
and published on
26 Aug 2015
Prepared internally, no external cost
Download Index of Average Earnings report for June 2015 (size 541kb)
The Index of Average Earnings measures changes in earnings (gross wages and salaries, excluding bonuses) paid to workers.
The data is collected for a large representative sample of firms in the private sector, covering around half of workers in Jersey as well as all States of Jersey employees.
Care is needed in comparisons between the private and public sectors due to historic lags in the implementation of pay awards in the public sector in previous years.
The latest report for June 2015 shows that:
- in June 2015 average weekly earnings in Jersey were 1.8% higher than in June 2014
- the latest annual increase is 0.8 percentage points lower than that of the previous twelve-month period (2.6% to June 2014)
- average earnings increased by 0.9 percentage points more than retail prices over the twelve months to June 2015
- private sector average weekly earnings increased by 2.2% over the twelve months to June 2015
- public sector average weekly earnings were unchanged over the twelve months to June 2015, corresponding to an annual change of 0.0%
- in real terms, adjusting for retail price inflation, average earnings in Jersey have been essentially flat since 2001, increasing by less than 1% over the 14-year period
- private sector earnings have increased by 1% in real terms since 2001
- public sector earnings have decreased by almost 3% in real terms since 2001
- the mean average weekly earnings of full-time equivalent (FTE) employees in Jersey in June 2015 was £680 per week