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Earnings over £80,000 per annum (FOI)

Earnings over £80,000 per annum (FOI)

Produced by the Freedom of Information office
Authored by Government of Jersey and published on 09 June 2020.
Prepared internally, no external costs.

​Request

I would like to know how many people as at the end of 31 December 2018 and 2019 had earned an annual salary of £80,000 and above.

I would also like to know how many of these people worked within the Finance Industry and Civil Service.

Response

​20182019​
​1​Number of Individuals who earned over £80,000 ​4,350  ​4,700
​2​Number of Individuals who earned over £80,000 and were employed in the Finance industry ​1,650​1,750
​3​Number of Individuals who earned over £80,000 and were employed in the Civil Service​186​174


Notes:

1. Rows 1 and 2:

  • rounded to nearest 50

  • sourced from Revenue Jersey data

2. The question does not provide a definition of the “Finance Industry”. In addition Revenue Jersey is moving from a legacy industry classification to a standard industrial classification (SIC) of economic activities. Whilst this more detailed data is being gathered the information provided in the table can be considered indicative only.

3. Under the header of “Finance Industry” Revenue Jersey has included the ITIS return data provided to Revenue Jersey of employers where either;

a. the last corporate tax return filed identifies them as a Financial Services Company in accordance with the definition in the Income Tax Law and/or;

b. the SIC code classifies their activity as follows;

  • Banking

  • Trust

  • Financial leasing

  • Life Insurance

  • Insurance agents and brokers

  • Unit trust

  • Other activities auxiliary to financial services

Revenue Jersey includes Legal services and Accountancy and Audit services under separate headers and employees in these sectors are not therefore included within the “Finance Industry” numbers.

4. Civil Servants are defined as all employees on the Civil Servants pay scale and all Tier 0 -2 employees. It does not include contractors or interims.

5. Further statistical information provided by Revenue Jersey can be found at the following link:

Revenue Jersey Statistics

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