الخميس، 22 نوفمبر 2012

Earnings rise less than inflation

 63664766 an3r83w8 The data in the annual survey of hours and earnings comes from a 1% sample of all employee tax records

The average annual earnings of full-time workers in the UK rose by 1.4% to £26,500 in the year to April 2012.

The figures have been published by the Office for National Statistics (ONS) in its annual survey of hours and earnings.

There was a cut in the real value of pay, however, as inflation was higher during the same period, at 3.5%.

The pay gap between men and women shrank in the year, from 10.5% of men’s full-time hourly earnings to 9.6%.

The ONS survey also found that the average weekly pay of staff in the public sector was still noticeably higher than for staff in private sector employment.

Full-time staff in the public sector saw their weekly pay rise by 1.6% to £565, while those in the private sector saw their earnings go up by 1.5% to £479.

The ONS said the difference was due to the preponderance of low paid jobs in the private sector and the concentration of better educated workers in the public sector.

“The compositions of the public and private sectors are different,” it said.

“Consequently, differences in gross weekly earnings do not reveal differences in rates of pay for comparable jobs.

“For example, many of the lowest-paid occupations, such as bar and restaurant staff, hairdressers, elementary sales occupations and cashiers, exist primarily in the private sector, while there are a larger proportion of graduate-level and professional occupations in the public sector,” the ONS added.

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Earnings rise less than inflation http://news.bbcimg.co.uk/media/images/63664000/jpg/_63664766_an3r83w8.jpg

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