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Average Industrial Wage

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  • 12-08-2008 12:34am
    #1
    Registered Users Posts: 273 ✭✭


    Anyone know where the €38k fiqure used by the media for the average industrial wage is coming from? I'm getting €32,471 for 2006 as per CSO so thats some jump!!!:(


Comments

  • Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    Nevermind...


  • Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    Latest CSO publication on earnings:

    http://www.cso.ie/releasespublications/documents/earnings/current/earnlabcosts.pdf

    Probably from that.


  • Posts: 5,589 ✭✭✭ [Deleted User]


    Be careful with those figures as there are a variety of 'average industrial wages' which can be, for example, the average industrial including adminstrators, excluding Dublin, excluding administrators, etc etc.

    Check the SAPS figures on the CSO.


  • Registered Users Posts: 4,885 ✭✭✭Stabshauptmann


    The newspapers always quote the average industrial wage, which obviously is appropriate when they're talking about the pay talks, but would it not be more appropriate when they talk about inflation or "TD's pay now 3 times the average industrial wage" to have some sort of Irish Average Wage [sic] amalgamating all sectors of the economy?

    Afterall the labour force in Ireland is Primary 5%, Secondary 30%, Teriary 65%


    What would you say is a ball park figure for the Irish Average Wage [sic]?


  • Closed Accounts Posts: 7,563 ✭✭✭leeroybrown


    As has been pointed out above the 'Average Industrial Wage' statistic can be quite misleading especially when it is quoted completely out of context by the media. The €38k figure is probably the figure for all industrial employees including management, clerical and technical staff which is not what the CSO officially call the 'Average Industrial Wage'. For me figure becomes meaningless given that it's never quoted in context.

    I think it's due to be replaced now though as the CSO are changing the survey methodology and will hopefully be able to provide more relevant figures.


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  • Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    What do we know?

    Well, this is what we know of the entire workforce http://www.budget.gov.ie/2007/downloads/TechnicalAnalysis.pdf

    19.8% earn over 35.4k
    42% pay at standard 20% tax

    and a whopping 38.2% pay no tax including unemployed, around under 18k-19k a year.

    So to sum up, avg industry wage figures of 35k+ is only that high for a minority.


  • Registered Users Posts: 4,885 ✭✭✭Stabshauptmann


    gurramok wrote: »
    What do we know?

    Well, this is what we know of the entire workforce http://www.budget.gov.ie/2007/downloads/TechnicalAnalysis.pdf

    Are you sure you attached the correct source?



    19.8% earn over 35.4k
    I cant find the bit on this
    42% pay at standard 20% tax
    "On that basis, before any Budget changes, 76.8% of all 2007 earners will pay tax only at the standard rate."
    and a whopping 38.2% pay no tax including unemployed, around under 18k-19k a year.

    edit: Perhaps it is in that report but I just couldnt find it, but heres another source confirming the above if its not in there:
    http://www.finfacts.com/irelandbusinessnews/publish/printer_1000article_1011252.shtml


  • Closed Accounts Posts: 13,992 ✭✭✭✭gurramok


    Yeh, the budget websites are confusing. I attached the wrong one :)

    That one does say around 65% of taxpayers having liability at the standard rate and around 77% having paid tax at the standard rate after applying all the tax credits.

    Here's the correct ones :)
    http://www.budget.gov.ie/2007/downloads/DistributionOfIncome.pdf

    A more up to date one here http://www.budget.gov.ie/2008/downloads/DistributionOfIncome.pdf


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