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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Index of Average Earnings Report for June 2018

Produced by the Statistics Jersey (Strategic Policy, Planning and Performance)
Authored by Statistics Jersey and published on 24 Aug 2018
Prepared internally, no external cost

Summary

The Index of Average Earnings measures changes in earnings (gross wages and salaries, excluding bonuses) paid to workers.

The data is collected for a large representative sample of firms in the private sector, as well as all States of Jersey employees, and covers around half of workers in Jersey.

In June 2018:

  • average weekly earnings in Jersey were 3.5% higher than in June 2017
  • the latest annual increase was 0.9 percentage points greater than that of the previous twelve-month period (2.6% to June 2017) and the highest seen since June 2008
  • private sector earnings increased by 3.6% and public sector earnings increased by 3.1% over the twelve months to June 2018
  • adjusting for inflation, all-sector average earnings decreased in real terms for the first time in six years
  • all-sector average earnings were 0.9% lower in real terms than in June 2017:
    • average earnings in the private sector were 0.8% lower
    • average earnings in the public sector were 1.3% lower
  • over the last 10 years, earnings have been essentially flat in real terms, increasing by 0.4% since 2008
  • median average weekly earnings of full-time equivalent (FTE) employees was £590 per week
  • mean average weekly earnings of full-time equivalent employees was £740 per week

Index of Average Earnings report for June 2018
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