Average weekly earnings rose by 4.1% in 2022

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 98%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The average employee took home €670.90 per week last year.

In the five years from 2017 to 2022, median weekly earnings have risen by 20.5 per cent. However, just under a quarter of all employees still earned less than €400 per week in 2022. Photograph: iStock

The highest-paid employees last year were in the information and communication sector, with median weekly earnings of €1,272.45, followed by the financial, insurance and real estate sector where weekly median earnings were €942.45.Budget day arrives, private health insurance numbers rise and navigating #MoneyTok

Mean weekly earnings in 2022 were €856.21, as almost 65 per cent of employees earned less than this last year. Median weekly earnings in the public sector stood at €930.51 in 2022, up 3.3 per cent on 2021. In the private sector median weekly earnings were €601.47 in 2022, an increase of 4.3 per cent from 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines