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Average monthly earnings up 4.6 per cent
Average monthly earnings for full-time employees in financial intermediation, excluding overtime, were NOK 56 900 as per 1 September 2013. This was a year-on-year increase of NOK 2 500, equivalent to 4.6 per cent.
Monthly earnings | Basic monthly salary | |||||
---|---|---|---|---|---|---|
2012 | 2013 | 2012 - 2013 | 2012 | 2013 | 2012 - 2013 | |
Financial intermediation, total | 54 400 | 56 900 | 4.6 | 48 700 | 50 200 | 3.1 |
Monetary and insurance intermediation | 51 100 | 54 300 | 6.3 | 46 600 | 48 300 | 3.6 |
Other financial intermediation | 64 600 | 64 600 | 0.0 | 55 100 | 55 900 | 1.5 |
Financial intermediation includes two divisions; monetary and insurance intermediation and other financial intermediation. Average monthly earnings in monetary and insurance intermediation amounted to NOK 54 300, which was an increase of 6.3 per cent compared to last year. In contrast, employees in other financial intermediation amounted to NOK 64 600, which is exactly the same as in 2012.
Average basic salary for financial intermediation reveals a growth of 3.1 per cent. The wage level for monetary and insurance intermediation and other financial intermediation was NOK 48 300 and NOK 55 900 respectively in 2013, which equals 3.6 and 1.5 per cent growth.
About the statistical basisOpen and readClose
The statistics are based on information from a sample of enterprises covering a total of 39 012 full-time employees and 3 979 part-time employees. According to the Norwegian Central Register of Enterprises and Establishments as per September 2013, financial intermediation comprises in total 45 800 employees.
The statistics is published with Earnings.
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