6306.0 - Employee Earnings and Hours, Australia, May 2014 Quality Declaration
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 22/01/2015
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One quarter of employees receive weekly total cash earnings of $1,532 or more
A report showing that, in May 2014, one quarter of all employees received weekly total cash earnings of $1,532 or more was released today by the Australian Bureau of Statistics (ABS). It also found that one quarter of full-time employees earned $1,850 or more per week.
The Survey of Employee Earnings and Hours statistical outputs are released every two years and provides statistics on employee earnings and hours paid, broken down by occupation, industry and sex, among other things.
"For the first time, it is possible to break down these statistics by age and rate of pay," Manpreet Singh from the ABS said.
"Collecting age and rate of pay information provides insight into employees as they enter, or prepare to exit, the labour market.
"Analysis of young employees and employees moving toward retirement age provides both employers and policy makers information to plan for the workforce of the future," Mr Singh said.
Employee Earnings and Hours results also provide information on the distribution of earnings and composition of the workforce. The survey found for 55-64 year olds, 16 per cent earned $2,000 or more per week compared to 13 per cent across all age groups.
"We found that 60 per cent of employees were employed full-time and received average weekly total cash earnings of $1,569 and median weekly total cash earnings of $1,339," Mr Singh said.
"One in ten full-time employees received weekly total cash earnings of $2,548 or more, while one in ten full-time employees received weekly total cash earnings of $800 or less."
Further information is available in Employee Earnings and Hours, Australia, May 2014 (cat. no. 6306.0).
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