Salary Increase

dhumphrys1984

I am trying to find out what the average salary increase is from 1984
-present. Are you able to give me a formula or tell me where I can find this
information.

Thanks for your time
Dafydd

Stonk

The Office of National Statistics has all this kind of information at http://www.statistics.gov.uk/. There's too much information, if anything: it can take a while to find what you're looking for on that site! I skimmed through an earnings survey from there once, and the detail is bewildering.

Look for "average earnings index": I think that will give you the overall view you are looking for.

Stonk

Here you go. Assigning 100.0 to the year 2000, these are the values of the Average Earnings Index from 1963 to 2004. The second column is "seasonally adjusted" - I'm not quite sure what that means in figures stated annually.

Year AEI AEI(adj)
1963 4.0 3.9
1964 4.2 4.2
1965 4.5 4.5
1966 4.8 4.8
1967 5.0 5.0
1968 5.4 5.4
1969 5.8 5.8
1970 6.5 6.5
1971 7.3 7.2
1972 8.2 8.1
1973 9.3 9.2
1974 10.9 10.9
1975 13.9 13.8
1976 16.0 16.0
1977 17.5 17.4
1978 19.8 19.7
1979 22.8 22.7
1980 27.5 27.4
1981 31.0 31.0
1982 33.9 33.9
1983 36.8 36.7
1984 39.0 38.9
1985 42.3 42.1
1986 45.7 45.5
1987 49.2 49.0
1988 53.5 53.3
1989 58.4 58.2
1990 64.1 63.9
1991 69.0 68.8
1992 73.1 73.0
1993 75.2 75.2
1994 78.0 78.0
1995 80.4 80.4
1996 83.3 83.3
1997 86.8 86.8
1998 91.3 91.3
1999 95.7 95.7
2000 100.0 100.0
2001 104.4 104.4
2002 108.1 108.2
2003 111.7 111.8
2004 116.7 116.7

I've got monthly data too, but, err, there's a lot more of that.

Stonk

Oooh, and since you ask "to present", the index value for July 2005 is 120.4, or 121.4 when seasonally adjusted.

So average salaries have just-over-tripled since 1984.

dhumphrys1984

ok thanxs bit I have another question... in April 1987 my fathers salary was £7,600 per annum . He still worksin the same place now, can you tellme how much he should be earning now if his earnings had kept pace with average annual wage increases. He is a shop manager in the newport area of south east wales.

THANKYOU

Debt_Free_Chick

dhumphrys1984 wrote:

ok thanxs bit I have another question... in April 1987 my fathers salary was £7,600 per annum . He still worksin the same place now, can you tellme how much he should be earning now if his earnings had kept pace with average annual wage increases. He is a shop manager in the newport area of south east wales.

THANKYOU

Not sure where you're going with this, but you may want to consider "which" average wage increase to consider ... Do you want the average of all wage increases i.e. including professionals, qualified people, fat-cats etc? And do you want the UK average? Or the average for Wales?

Most of these permatutations are available on the ONS site - follow the link provided in post #2

Regards

mbamick

There are far too many other factors to consider, than simply using the ONS indices. Salaries are affected by age, gender [albeit they shouldn't be], experience, the industry sector in which one works, the location of the business and the company that one works for. Add to this the supply & demand of available labour, and you start to see just a few of the problems.

Could I suggest that, rather than playing around with the average wage prices, you go to a couple of job search engines? You can search for current permanent vacancies, for store managers in your local area, and get a feel for what the going rate typically is. It has the added advanatge that, if dad is unhappy at the moment, he gets a feel for what is available in the current job market place.

There are loads of sites, just use Google and search for "vacancy, newport, store, shop, manager". Here's one to get you going http://www.retailchoice.com/JobSearch/JobSearch.aspx