Salaries_and_Wages_Survey_Report_2012_11092013

51
KEY WAGES STATISTICS APPENDIX 1
Item Earnings Labour Cost Compensation of
Employees (SNA)
Measure/Use of Statistics i. Employees by wage
i. Wage measure used
rate and earnings
in the System of
valuable for study of
National Account.
wage differentials.
ii. Wage drift is the extent
to which earnings over
a period have changed
more (or less) than the
rates which are fixed
The
collective
agreements, wage
boards or awards. The
reasons for wage drift
are many and include
changes in the structure
of the labour force, the
proportion of overtime
payment, changes in
working hours etc.
iii. Assessing
the
relationship between
wages and labour
mobility and, in
particular, the rural
and urban migration.
i. Provide the full dimension
of the cost of the
employment of labour.
ii. Input to the measurement
of cost of doing business;
iii. Input to the measurement
of productivity;
iv. Input to wage
negotiations and wage
policies e.g. productivity
linked wage system
(PLWS)
Employee Income
Provisional
i. Applied to the study of
redistribution of wage
income through the
mechanism of social
security schemes.
ii.Useful for wage fixing,
collective bargaining
and certain practical
problems of incomes
and price policies.
Approach Establishment Establishment Establishment Establishment Establishment
General Definition
Statistics on earning should Labour cost is the cost The compensation of i. All the components of
relate to employees’ gross incurred by the employer in employees comprises earnings; and
enumeration, i.e. the total the employment of labour. It all payments by ii. Net current benefit
before any deductions are comprises remuneration for producers of wages from social security and
made by the employer in work performed, payments in and salaries to their insurance schemes
respect of taxes, respect of time paid for not employees, in kind as (such as maternity
contributions of employees worked, bonuses and well as in cash, and of benefit, health and
to social security and
pension schemes, life
insurance premiums, union
dues and other
gratuities, the cost of food,
drink and other employers’
social security expenditures,
cost to the employer for
contributions in
respect of their
employees to social
security and to
sickness benefits,
casualty (temporary
loss of wages) benefits,
unemployment benefit,
Wages Rates
i. Employees by wage rates and
earnings valuable for study of
wage differentials.
ii.Wage drift is the extent to
which earnings over a period
have changed more (or less)
than the rates which are fixed
The collective agreements,
wage boards or awards. The
reasons for wage drift are
many and include changes in
the structure of the labour
force, the proportion of
overtime payment, changes in
working hours etc.
iii.Assessing the relationship
between wages and labour
mobility and, in particular, the
rural and urban migration.
Wage rates should include basic
wages, cost of living allowances
and other guaranteed and
regularly paid allowances, but
exclude overtime payments,
bonuses and gratuity, family
allowances and other social
security payment made by
employers. Ex gratia payments in
kind, supplementary to normal