Average Worker Salary
(Redirected from Average Worker Wage)
Jump to navigation
Jump to search
An Average Worker Salary is a worker salary for some economic region that is a sample average.
- AKA: Average Worker Wage, Average Salary.
- …
- Counter-Example(s):
- See: Average.
References
2013
- http://en.wikipedia.org/wiki/Average_worker%27s_wage
- An average worker's wage is the mean salary of a group of workers. This measure is often monitored and used by government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country.
The usefulness of this measure in assessing wage levels is debatable, particularly in an economy where low pay is prevalent, due to the tendency for the wages of a minority of high earners to 'skew' the average upwards. It has been argued that the median (midpoint) worker's wage is a better indicator in these circumstances; this measure is used in the UK by both the Office for National Statistics and the Scottish Low Pay Unit in examining wage levels.
- An average worker's wage is the mean salary of a group of workers. This measure is often monitored and used by government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country.