Monthly Employee Earnings Indicator

Latest release

Experimental estimates of employee earnings, sourced from Single Touch Payroll (STP) data

Reference period
April to September 2024
Released
20/11/2024
  • Next Release 19/02/2025
    Monthly Employee Earnings Indicator, December 2024
  • Next Release 21/05/2025
    Monthly Employee Earnings Indicator, March 2025
  • Next Release 20/08/2025
    Monthly Employee Earnings Indicator, June 2025
  • View all releases

Key statistics

In September 2024, total wages and salaries paid by employers:

  • increased to $103,723 million
  • increased by 3.9% or $3,855 million in the month from August 2024
  • increased by 6.3% or $6,192 million in the year from September 2023

As a measure of aggregate earnings, estimates presented in this release include compositional changes in the labour market, which are described in more detail in Factors affecting interpretation

Industry subdivision estimates

Data download tables now include estimates of total wages and salaries paid by employers by industry subdivision.

Quarterly releases in 2025

The Monthly Employee Earnings Indicator release cadence has moved to quarterly from this release. Refer to Monthly Employee Earnings Indicator | Australian Bureau of Statistics for scheduled release dates.

National

Wages and salaries paid by employers, month key statistics
Apr-24May-24Jun-24Jul-24Aug-24Sep-24
Month change (%)-1.5-0.70.60.71.63.9
Annual change (%)6.96.46.16.66.16.3
Total wages and salaries ($m)97,73097,00797,59498,27599,868103,723

Estimates are presented as an original series with calendar-adjustment, to account for the differing number of days in each month, as seasonally adjusted estimates are not yet available.

 

a. The leap year day in 2024 alters the seasonal change usually seen in February and March. For more information see the leap year effect section within Factors affecting interpretation.

a. The leap year day in 2024 alters the seasonal change usually seen in February and March. For more information see the leap year effect section within Factors affecting interpretation.

Estimates of change throughout this release are calculated using un-rounded $ million values. They may differ from, though are more accurate than change calculated from rounded values.

Wages and salaries paid by employers, quarter key statistics
Sep Qtr 23Dec Qtr 23Mar Qtr 24Jun Qtr 24Sep Qtr 24
Quarter change (%)3.31.60.31.13.3
Annual quarter change (%)7.37.76.76.56.4
Total wages and salaries ($m)283,776288,179289,027292,332301,866

State and territory

In September 2024, wages and salaries paid by employers rose in 7 of 8 states and territories from August 2024. 

  • New South Wales saw the largest level rise of $1,276m (3.9%)
  • Victoria saw the largest proportional increase of 4.5% ($1,125m)

Month change

Annual change

Total wages and salaries ($m)

Industry

In September 2024, wages and salaries paid by employers rose in all industries from August 2024.

Industries with monthly increases over 5% in September 2024 are influenced by cyclical bonuses around this time each year.

a. Industries are ranked by descending month change in September 2024.

Month change

Annual change

Total wages and salaries ($m)

Employment size

In September 2024, wages and salaries paid by employers rose in all employment size groups from August 2024. 

  • Employers with 200 or more employees increased by 5.8% ($3,012m)

Month change

Annual change

Total wages and salaries ($m)

Sector

In September 2024, wages and salaries paid by employers rose in both sectors. 

Month change

Annual change

Total wages and salaries ($m)

Data downloads

Table 1. Total wages and salaries paid by employers, percentage change

From this release, includes estimates of total wages and salaries paid by employers by industry subdivision.

Table 2. Total wages and salaries paid by employers, level

From this release, includes estimates of total wages and salaries paid by employers by industry subdivision.

All data cubes

Changes in this release

In this release, the following sections were updated within the Methodology:

  • How the data is transformed. New subsection within Creation of aggregates, Aggregate adjustment.
  • Factors affecting interpretation. Additional text regarding updated data transformations within Revisions.

Methodology

Scope

This release presents experimental estimates of wages and salaries paid by active employing businesses and organisations to their employees in the Australian economy.

Geography

Data is available for:

  • Australia total
  • States and territories

Source

Australian Tax Office (ATO) Single Touch Payroll (STP) administrative data combined with ABS Business Register data.

Collection method

The ATO provides selected employer and employee level data from the STP system to the ABS. These data are combined with employer population and characteristics data from quarterly ABS Business Register snapshots.

Concepts, sources and methods

Wages and salaries are gross values (prior to taxation and deductions) and include wages, salary payments and allowances paid through Australian payrolls.

Employee superannuation and severance and termination payments are excluded.

History of changes

Refined imputation method included in 21 May 2024 release.

View full methodology
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