26 August 2008
The Index of Average Earnings measures changes in earnings (gross wages and salaries, excluding bonuses) paid to employees. The data are collected for all States of Jersey Departments and a large representative sample of firms in the private sector, covering nearly half of Jersey’s working population.Download Average Earnings June 2008 Report (size 140kb)Latest News:
- In June 2008 the average weekly earnings of workers in Jersey was 4.3% higher than in June 2007.
- The latest annual increase in average earnings is 0.4 percentage points lower than that reported for the previous twelve-month period (4.7% to June 2007), but is similar to the preceding five year’s average annual increase (4.2%).
- Average earnings in the private sector increased by 4.2% over the year to June 2008, whilst the public sector saw average earnings increase by 4.9% largely due to annual pay awards (scheduled and retrospective) being implemented for the majority of public sector employees.
- The highest annual increases in average earnings were seen in Agriculture (6.5%) and Hotels, restaurants and bars (5.1%). The majority of the other sectors recorded increases of around three and four percent.
- The average weekly earnings of employees in Jersey in June 2008 was £600 per week per full-time equivalent worker (FTE), ranging from £340 for Hotels, restaurants and bars to £820 per week in Finance.