Wages up by 3.5% more than inflation
Monday 12th September 2011, 11:30AM BST.
AVERAGE wages have increased by 3.5% in real terms during the last five years, latest figures have shown.
The Guernsey Facts and Figures booklet, published by the Policy Council, revealed the island’s median average salary was £27,430 last year.
That represents a jump of £920 since 2006 – a cumulative rise of 3.5% when inflation is taken into account.
Chamber of Commerce president Julian Winser (pictured) said the progression over a few years was an important statistic.
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