Average (Mean) Monthly Earnings (AME) provides a timely rough gauge of average wage movement. However, as the data do not allow breakdown separately to full-timers and part-timers, they can be influenced by the changing mix of workers and variations in overtime. Also as AME pertains to mean earnings, it can be skewed upwards by a small number of very high income earners. For income of a typical worker, users should refer to the median gross monthly income from employment, and for wage growth of employees, users can refer to the annual wage changes.
Released on: 28 February 2024