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User guide for wage and income measures
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User guide for wage and income measures
> How much have wages and salaries increased?
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How much have wages and salaries increased?
If you want to know how much wages and salaries have increased over time, the
Labour Cost Index (Salary and Wage Rates)
is the best source. The Labour Cost Index (LCI) uses fixed industry and occupation weightings to calculate percentage increases in wages for a fixed quantity and quality of labour. For this reason, the LCI is recommended over the Quarterly Employment Survey as a measure of changes in wage and salary rates because it is less sensitive to compositional changes in the labour market.
For more information see pages 4–5 of the
User Guide for Statistics New Zealand's Wage and Income Measures
.
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Page last modified on Wednesday, 16 April 2008
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