Average Earnings 2014 report published

20 August 2014

The Index of Average Earnings measures changes in earnings (gross wages and salaries, excluding bonuses) paid to employees.

The latest report for June 2014 shows that:

the average weekly earnings of workers in Jersey was 2.6% higher than in June 2013
the latest annual increase is 0.4 percentage points higher than that of the previous twelve-month period (2.2% to June 2013)
average earnings in the private sector increased by 2.2% over the 12 months to June 2014

increases in private sector earnings ranged from 1.3% in Construction to 4.5% in Agriculture
earnings in the Finance sector (excluding bonuses) rose by 2.4% on average

average earnings in the public sector increased by 4.7% over the latest 12 months. This increase was predominantly due to a scheduled pay award for the majority of employees as well as retrospective pay awards for some groups
over the latest 3 years, covering the 3-year pay deal implemented by the public sector, average earnings have increased by similar amounts in the public and private sectors (by 6.3% and 6.4% respectively)
the mean average weekly earnings of full-time equivalent employees (FTE) in Jersey in June 2014 was £670 per week
the median average weekly earnings of full-time equivalent employees (FTE) in Jersey in June 2014 was estimated as £550 per week