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Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
GDP per hour worked 1970–2022 (2015=100) Country 1970 1980 1990 2000 2010 2015 2020 2022 Australia 51.4 60.3 66.0 80.9 92.2 100 103.1 103.3 Austria 83.0
The chart below reflects the average (mean) wage as reported by various data providers. The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax.
The two biggest countries in North America -- US and Canada -- are similar in many ways. But how do they compare when looking at the average salary? Read Next: The Average Retirement Age in 2024:...
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Rank Country GDP per person employed (2017 Intl. $) Year 1 Luxembourg 240,995: 2022 2 Ireland 222,016: 2022 3 Singapore 165,451: 2022 4 Switzerland 131,694: 2022 5 Brunei ...
During the 1960s through the 1980s job prestige was calculated in a variety of different ways. People were given index cards with about 100 or so jobs listed on them and had to rank them from most to least prestigious. This ranking system was known as placing jobs in a "ladder of social standing."
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