Mean real monthly earnings of employees, annual growth -- ILO modelled estimates, Dec. 2016 (%)
Publication date: 07 June 2018, GMT
Reporting period: 1999 - 2015
145 timeseries
Source:ilo
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Mean real monthly earnings of employees, annual growth -- ILO modelled estimates, Dec. 2016 (%) - International Labour Organization

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Mean real monthly earnings growth of employees refers to the year on year percentage growth (or decline) of mean real wages. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees deflated by the country's consumer price index, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Statistics of earnings relate to the gross remuneration of employees, i.e. the total before any deductions are made by the employer.