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Annual growth of 1.7% in average weekly earnings including bonuses

The latest average weekly earnings figures

The average weekly wage, including bonus payments, rose by 1.7% comparing December 2013 to February 2014 with the same period a year earlier. Average weekly wages including bonus payments before taxes and other deductions from gross pay were £479 in February 2014, up from £470 a year earlier.

Average weekly earnings excluding bonus payments rose by 1.4% comparing December 2013 to February 2014 with the same period a year earlier. In cash terms, average weekly earnings excluding bonus payments were £449 in February 2014, before taxes and other deductions from gross pay, up from £443 a year earlier.

Private sector earnings up 2.0% on the year and public sector earnings up 0.9%

Average weekly earnings including bonus payments rose by 1.7% comparing December 2013 to February 2014 with the same period a year earlier. Average weekly earnings for the private sector increased by 2.0% and average weekly earnings for the public sector increased by 0.9%.

In February 2014 average pay including bonus payments in the private sector was £474 a week, £20 a week lower than the public sector figure of £494 a week. However, excluding publicly owned financial corporations, average weekly pay in the public sector was only £8 a week higher than for the private sector, at £482 a week.

Categories: Labour Market, People in Work, Earnings, Basic Pay, Weekly Earnings, Bonus Earnings
Content from the Office for National Statistics.
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