Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
6345.0 - Wage Cost Index, Australia, Jun 2003  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 13/08/2003   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

Bonuses

Payments made to a job occupant that are in addition to regular wages and salaries and which generally relate to the job occupant’s, or the organisation’s performance.


Elementary aggregates

The finest aggregations of jobs, in terms of state/territory, sector, industry group and occupation group, for which expenditure weights are available.


Employee job

A job for which the occupant receives remuneration in wages, salary, payment in kind, or piece rates.


Employer

Organisation with one or more employees.


Expenditure weights

A measure of the relative importance of each elementary aggregate, based on employers’ total expenditure on wages and salaries. Expenditure weights are used to combine elementary aggregate indexes into broader level indexes.


Index number

Measures the ratio of hourly rates of pay between the reference base period and a later period. The index number for the base quarter = 100.0.


Industry

Classified according to the
Australian and New Zealand Standard Industrial Classification (ANZSIC), 1993 (cat. no. 1292.0).

Occupation

Classified according to the
Australian Standard Classification of Occupations (ASCO), Second Edition (cat. no. 1220.0).

Ordinary time hourly rates of pay index

Measures quarterly change in ordinary time hourly rates of pay (see Explanatory Notes paragraphs 7, 8 and 9).


Ordinary time hours

Award, standard or agreed hours of work paid for at the ordinary rate.


Overtime hours


The number of hours paid for in excess of ordinary time hours, based on the data for the first quarter a selected job is included in the survey.


Reference base period

The period for which an index series is given the value of 100.0.


Sector

Public sector comprises local government authorities and all government departments and agencies created by, or reporting to, the Commonwealth, or state/territory parliaments. The private sector comprises all organisations not classified as public sector.


Total hourly rates of pay index

Measures quarterly change in combined ordinary time and overtime hourly rates of pay (see Explanatory Notes paragraph 10).


Weighting base

The period to which the expenditure weights relate.



Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.