Mean Weekly Earnings Increased by One Percent Between 2011 and 2014
Both mean and median weekly earnings for all employment increased by one percent in the period 2011 to 2014, according to figures released by the Central Statistics Office (CSO) on Thursday. There was an increase of 1.5 percent in mean weekly earnings for females for the same period while mean earnings for males remained unchanged.
Between 2011 – 2014 Public Sector mean weekly earnings fell by 1.3 percent while Private Sector wages rose by 2.9 percent. For the same period median weekly earnings for Public Sector employments fell by 0.8 percent and rose for Private Sector employments by two percent. Mean weekly earnings for all age groups grew by one percent with the ‘40-49’ group showing a growth of 2.1 percent and the ‘30-39’ group falling by 1.5 percent. Median weekly earnings for all age groups grew by 1.2 percent for the same period with the ‘25-29’ group falling by 1.7 percent and the ‘60 and over’ group growing by 4.5 percent.
Growth in mean weekly earnings between 2011 and 2014 for ‘Irish’ nationals was the smallest at 0.5 percent with the biggest growth for the ‘EU27/28 excl. Irl & UK’ group at 5.5 percent. Median weekly earnings in the same period show a similar pattern with 0.3 percent growth for Irish and 3.4 percent growth for employees from the ‘EU27/28 excl. Irl & UK’ group. Mean earnings for employees who resided in the ‘Connacht’ region grew by 1.6 percent while those in ‘Ulster (Part of)’ fell by 0.4 percent. There was no change in median weekly earnings for employees who resided in the ‘Dublin’ region for the same period but those residing in the ‘Rest of Leinster’ grew by 1.1 percent.
In the Accommodation and food services sector 75 percent of employments earned less than €400 per week. The Public administration & defence sector had the lowest percentage of jobs (just over nine percent) earning less than €400 per week. In the same sector just 4.3 percent of jobs earned over €1,600 per week. The Information and communication sector had the highest percentage of employments earning over €1,600 per week (15.2 percent) followed by Financial, insurance and real estate at 13.3 percent.
Mean Weekly Earnings for All Employment was €668.88 in 2014
The CSO’s analysis shows that in 2014 mean weekly earnings was €668.88 for all employments during the year. Men earned €759.72 per week compared with women’s weekly earnings of €578.53. The Information and communication sector had the highest weekly earnings of €1,059.49. Weekly earnings were lowest in the Accommodation and food services sector at €322.09. Other services which includes Arts, entertainment and recreation had mean weekly earnings of €436.48.
Median weekly earnings in 2014 for all employments were €528.81 (half of all jobs earned more than this amount and half earned less). Also in 2014 median weekly earnings for men were €584.60 while women had median weekly earnings of €468.88.
A Total of 35.1 Percent of All Employees Earned Less Than €400 Per Week in 2014
Of all employments, 35.1 percent earned less than €400 per week. Jobs earning between €400 and €800 per week accounted for 37.5 percent of all employments. Just over a quarter (27.3 percent) of all employments earned more than €800 per week. In 2014, 4.7 percent of employments earned €1,600 or more per week.
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