In the NT in the February 2012 quarter in trend terms:
full-time adult ordinary time earnings (AWOTE) stood at $1,392.70, an increase of 8.8% from the same period in 2011 compared to the Australian estimate of $1,345.20, an increase of 4.2%. NT had the highest annual increase in the country.
AWOTE for males was $1,520.50, a rise of 10.4% from the same time 12 months earlier and for females $1,220.70, an increase of 5.5% over the same period.
Weekly ordinary time earnings refers to one week's earnings of employees for the reference period, attributable to award, standard or agreed hours of work. It is calculated before taxation and any other deductions (e.g. superannuation, board and lodging) have been made.
What do ordinary time earnings include?
Award, workplace and enterprise bargaining payments, and other agreed base rates of pay, over-award and over-agreed payments, penalty payments, shift and other allowances; commissions and retainers; bonuses and similar payments related to the reference period; payments under incentive or piecework; payments under profit sharing schemes normally paid each pay period; payment for leave taken during the reference period; all workers' compensation payments made through the payroll; and salary payments made to directors.
What do ordinary time earnings exclude?
Amounts salary sacrificed, non-cash components of salary packages, overtime payments, retrospective pay, pay in advance, leave loadings, severance, termination and redundancy payments, and other payments not related to the reference period.
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