Earnings by economic activity (NACE rev.2) and sex 2008-2014
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Information

Unit
Thousand ISK
Latest update
3/31/2015
Creation date
3/30/2015
Matrix
VIN02013
Footnotes

Footnotes


Preliminary numbers

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.

Data is based on the following economic activities: Manufacturing (C), Electricity, gas, steam, and air conditioning supply (D), Water supply; sewerage, waste management and remediation activities (E), Construction (F), Wholesale and retail trade; repair of motor vehicles (G), Transportation and storage (G), Information and communication (J), Financial and insurance activities (K), Public administration and defence; compulsory social security (O), Education (P), and Human health and social work activities (Q).
In the economic activity J small enterprises and enterprises in the IT business are missing.
Only employees in the public market are covered in the economic activities O, P, Q. In O employees in the public market are about 95% of the population, in P about 90% and 80% in Q. Thus, the weight of employees in the public market in the total is about 50% instead of
35%.
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.
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.