Sources and methods - Quarterly
11.23 Quarterly estimates of compensation of employees are built up from the State and Territory level by various subcomponents of wages and salaries and employers’ social contributions.
11.24 The following tables outline the data sources and method used in the quarterly estimation of the components of compensation of employees in current prices only. Volume estimates are not calculated for compensation of employees.
| Item | Comment | |
|---|---|---|
| General approach | ||
Quarterly estimates of wages and salaries (including payments in kind) for annually benchmarked years are obtained for the private and public sectors for each State and Territory by distributing the total annual estimates according to the previously calculated quarterly distribution of:
For the latest year, the quarterly estimates of wages and salaries are calculated by extrapolating the latest quarterly estimates that have been benchmarked to an overall annual level by the following subcomponents. | ||
| Private non-agricultural employees and civilian employees of the public sector paid in cash and kind | ||
| For private non-farm, QBIS data are used to move forward the latest estimate of wages and salaries. For the civilian component of public sector, GFS data are used to move forward the latest estimate of wages and salaries. | ||
| Agricultural employees | ||
| The ABARES publication, Agricultural Commodities provides details of farm costs and returns, from which labour data are used to move forward the latest estimate of wages and salaries. | ||
| Payments to members of the defence forces | ||
| Government Finance Statistics, which are based on estimates received from the Department of Finance, are used to move forward the latest estimate of wages and salaries. | ||
| Item | Comment | |
|---|---|---|
| General approach | ||
| The quarterly estimates of employers' social contributions are calculated by extrapolating the latest quarterly estimates that have been benchmarked to an overall annual level by the following subcomponents. | ||
| Private employers’ contributions to superannuation | ||
| QBIS data are used to move forward the latest annual benchmark estimate of private employers’ contributions to superannuation. | ||
| Public employers’ contributions to superannuation | ||
| Government Finance Statistics are used to move forward the latest annual benchmark estimate of public employers’ contributions to superannuation. | ||
| Private workers’ compensation premiums paid | ||
| QBIS data are used to move forward the latest annual benchmark estimate of private workers’ compensation premiums paid. | ||
| Public workers’ compensation premiums paid | ||
| GFS data are used to move forward the latest annual benchmark estimate of public workers’ compensation premiums paid. | ||