But the figures contrast sharply with labour market statistics which show
average annual wage increases of just 0.7 %.
They are considering putting half of their 5 %
average annual wage increase towards the mortgage but also want to look at other options.
Not exact matches
The
Wage Cost Index continues to record wages growth at an annual rate of around 3 1/4 per cent, and there has been little change in the wage increases being negotiated under enterprise bargaining, which continue to yield average annualised increases in the 3 1/2 to 4 per cent ra
Wage Cost Index continues to record wages growth at an
annual rate of around 3 1/4 per cent, and there has been little change in the
wage increases being negotiated under enterprise bargaining, which continue to yield average annualised increases in the 3 1/2 to 4 per cent ra
wage increases being negotiated under enterprise bargaining, which continue to yield
average annualised
increases in the 3 1/2 to 4 per cent range.
Coming to
wage growth, the
average annual weekly earnings of employees in nominal terms (not adjusted for inflation)
increased by 2.2 percent with bonuses and 2.1 percent excluding bonuses.
First, salary containment has led to almost no
wage rises over the last 2 years, as opposed to Europe's
average annual increase of 3.7 per cent.
To index the minimum
wage, use a formula that gives equal weight to the
annual change in the
average hourly
wage and the Consumer Price Index; all
increases will be subject to cabinet approval