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Working Life Barometer in the Baltic Countries 2002 (pdf) - mol.fi

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122<br />

WAGE EARNERS' OWN ESTIMATE OF<br />

CHANGE IN THE PURCHASING POWER OF<br />

SALARIES IN THE COMING YEAR<br />

The above sections dealt with changes <strong>in</strong> average salaries dur<strong>in</strong>g <strong>the</strong> period<br />

between Autumn 1998 and January <strong>2002</strong>. It was possible to assess <strong>the</strong> development<br />

on <strong>the</strong> basis of data that gave a picture of <strong>the</strong> net salaries. As <strong>the</strong>re is<br />

no correspond<strong>in</strong>g <strong>in</strong>formation about such changes <strong>in</strong> <strong>the</strong> near future, work<strong>in</strong>g<br />

people were asked to estimate how <strong>the</strong> purchas<strong>in</strong>g power of <strong>the</strong>ir salary would<br />

develop dur<strong>in</strong>g <strong>the</strong> follow<strong>in</strong>g year. These responses reflect <strong>the</strong>ir subjective<br />

expectations for <strong>the</strong> future.<br />

It is important to note that we are now speak<strong>in</strong>g of work<strong>in</strong>g people's expectations<br />

concern<strong>in</strong>g <strong>the</strong>ir own salaries. The average changes <strong>in</strong> pay level described<br />

above may be due to variation <strong>in</strong> <strong>in</strong>dividual salaries on <strong>the</strong> one hand;<br />

but on <strong>the</strong> o<strong>the</strong>r, a greater part of <strong>the</strong> average salary changes are because new<br />

workplaces are be<strong>in</strong>g established, and <strong>the</strong>ir average level of pay differs from<br />

that of earlier workplaces.<br />

PROPORTION OF PEOPLE WHO BELIEVE THEY WILL BE ABLE TO<br />

BUY MORE PRODUCTS OR SERVICES WITH THEIR SALARIES<br />

AFTER A YEAR<br />

ALL (%)<br />

Men<br />

Women<br />

Private sector<br />

Public Sector<br />

Old workplaces<br />

Reorganised<br />

New workplaces<br />

Manual worker<br />

Lower white collar<br />

Specialists<br />

!<br />

!<br />

!<br />

!<br />

!<br />

!<br />

!<br />

!<br />

!<br />

!<br />

Managers !<br />

0% 5% 10% 15% 20% 25% 30%<br />

!<br />

!<br />

Lithuania Estonia Latvia

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