Wages, Hours of Work survey begins this week

Aug 11, 2012 News

The Ministry of Labour, Human Services and Social Security will launch its Occupational Wages and Hours of Work Survey on Wednesday, August 15, to gather relevant data from across various occupations.
The survey is expected to provide the Ministry with information essential to evaluating conditions of work and employment costs. Wages of employees vary according to the level of education, skill, occupation, type of industry, size of establishment and geographical location among other variables.
According to the Ministry yesterday, data collection and analysis of wages and hours of work will enable effective career planning and counselling; facilitate efficient allocation of educational resources and overall educational planning; and provide data to potential investors, employers, workers and trade unions.
July 2012 will be used as the reference month, hence, information would be secured from businesses’ wages and salary sheets for the reference period.
The Ministry warned that the law requires businesses to submit information on labour statistics to the Ministry of Labour
“The Ministry assures that confidentiality stipulations will be strictly adhered to protect businesses participating in the survey. The final report will highlight trends in industries without identifying specific businesses. The Ministry is also urging businesses to participate to ensure a high response rate, which will allow for greater accuracy in the statistics reported.”
To date, the Ministry of Labour, Human Services and Social Security has completed seven surveys of this nature, the first of which was conducted in 2003.

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Wages, Hours of Work survey begins this week

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