Statistics Iceland
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Earnings in the private sector by economic activity (NACE rev.1.1) and sex 1998-2011

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3/30/2012
Thousand ISK
Statistics Iceland
VIN02015
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Employees in the private sector are all employees that do recieve renumeration from other employees than municipalities and the central
government.
Earnings are monthly earnings in thousand ISK.

Paid hours are weekly hours paid.

Data are based on the Icelandic Survey on Wages, Earnings and Labour Cost which is a sample survey.

Full-time employees are defined as employees whose total working hours are equal or exceed 90% of minimum working hours, e.g. 173.3 for workers.

New economic activity is added in 2005. This is important to keep in mind when comparing data between years.

Year

1998-2004:
Data is based on NACE rev.1.1 and includes the economic acitvities of Manufacturing (D), Construction (F), Wholesale and retail trade; repair (G), and Transport, storage and communication (I).

2005-2011:
Data is based on NACE rev.1.1 and includes the economic acitvities of Manufacturing (D), Construction (F), Wholesale and retail trade; repair (G), Transport, storage and communication (I), and Financial intermediation (J).

Earnings and working hours

Regular earnings - total

Regular earnings is the remuneration for regular working hours, that is ordinary working hours according to collective agreements, both daytime and shift-work hours. Regular earnings for part-time employees are full-time equivalence.

Regular earnings - part-time

Regular earnings is the remuneration for regular working hours, that is ordinary working hours according to collective agreements, both daytime and shift-work hours. Regular earnings for part-time employees are full-time equivalence.

Regular earnings - full-time

Regular earnings is the remuneration for regular working hours, that is ordinary working hours according to collective agreements, both daytime and shift-work hours.

Total regular earnings - full-time

Total regular earnings is the total remuneration per month including overtime and sick days.

Total earnings - full-time

Total earnings is the total remuneration per month including piecework, irregular bonuses and various other irregular payments.

Hours paid - full-time

Hours paid are all working hours for full-time employees, whether being daytime, shift-work or overtime hours.