Some government jobs saw above-average salary growth in recent years – but one industry paid more, faster

Private sector earnings tend to push up salaries in the public sector, a new working paper from the South African Reserve Bank suggests.Three of the five sectors that saw the fastest average growth in salaries fall in the government sector – but if you wanted the biggest salary growth in recent years, its mining you should have been in.

"In a nutshell these results confirm that individual public sector earnings have no explanatory power for aggregate private sector earnings while aggregate private sector earnings have a significant long run relationship with individual public sector earnings with the exception of local authorities," writes authors Andreas Wörgötter and Sihle Nomdebevana.

Along the way it also looks at the average earnings in different sectors in a quarter-by-quarter basis – and finds that although several government sectors saw above-average growth in pay, the mining sector saw the fastest growth in remuneration.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Business Maverick: China’s Growth Slides to Weakest Pace in Almost Three DecadesChina’s economy continued slowing in the second quarter, with sluggish domestic output and continuing trade tensions pulling growth down to the weakest pace since the early 1990s.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »