AVERAGE WEEKLY EARNINGS
The definition of earnings currently used in the Average Weekly Earnings (AWE) survey is, broadly, current and regular payments in cash to employees for work done. Thus, earnings series from the AWE survey have historically excluded amounts salary sacrificed, as these have been considered conceptually as payments in kind. However, under the revised conceptual framework for measures of employee remuneration, as presented in Information Paper: Changes to ABS Measures of Employee Remuneration (cat. no. 6313.0), amounts salary sacrificed are now considered conceptually to be wages and salaries in cash. As a result average weekly earnings estimates have been revised. The data presented in this issue reflect these changes.
In August quarter 2008, the trend estimate of full-time adult average weekly ordinary time earnings in Victoria was $1,126.6, an increase of 5.0% from August quarter 2007. Over the same period, trend full-time adult ordinary time earnings increased by 5.4% for males and by 6.4% for females.
AVERAGE WEEKLY EARNINGS, Full-time adult ordinary time, Victoria
View underlying table as an Excel spreadsheet: 1367.2
Average Weekly Earnings of Employees, By Sex, Victoria: All Series (file size 53kB).
