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Tuesday, March 19, 2024

Wage growth remains low

Salaries earned by the vast majority of Norwegians have registered the lowest growth in nearly two decades, according to a new report from state statistics bureau SSB.

SSB reported that average monthly pay for all employees in Norway rose by 2.3 percent from September 2016 to September 2017. That was up from growth of just 1.6 percent for the prior year, and barely has kept up with inflation rates. Public sector workers, many of whom are backed by collective bargaining agreements, have fared better than those in the private sector, with many securing raises of around 2.5 to 3 percent, in some cases more.

Average monthly gross pay from a variety of 300 different jobs amounted to NOK 44,301 (around USD 5,500) last year, just NOK 1,000 more than the year before. Those working in the oil and gas sector, finance, as shipbrokers and in high-level public sector administration fared best, with average monthly pay over NOK 90,000.

Next came airline pilots, air traffic controllers, geologists and geophysicists, doctors working as specialists and civil engineers. The largest work groups included retail sales clerks, day-care workers and cleaners, earning average gross pay of NOK 31,000.

The lowest-paid workers were in the restaurant and café sector, where waiters and kitchen help earned an average NOK 26,000-30,000 per month.

The raises and income levels are a far cry from the pay claimed by executives, a disparity that’s raising protests in Parliament.

newsinenglish.no staff

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