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Earnings of persons in paid employment by legal persons, Slovenia, March 2020

Average gross earnings for March 2020 2.3% lower than earnings for February 2020

Average gross earnings for March 2020 amounted to EUR 1,758.27. They were lower than gross earnings for February 2020, in nominal terms by 2.3% and in real terms by 1.5%.

  • 5/21/2020
  • |
  • provisional data

Average earnings for March 2020 lower than earnings for February 2020
Average gross earnings for March 2020 amounted to EUR 1,758.27. Compared to gross earnings for February 2020 they were lower in nominal terms by 2.3% and in real terms by 1.5%. Average net earnings for March 2020 amounted to EUR 1,146.11 and were lower than net earnings for February 2020, in nominal terms by 2.0% and in real terms by 1.2%.

The drop in average earnings was largely the result of government measures related to the COVID-19 epidemic (particularly government payment of wage compensation for temporarily laid-off employees). According to the methodology of the statistical survey Earnings of persons in paid employment by legal persons, this compensation is not included in gross and net earnings since earnings cover only that part of payments that is paid by employers.

Because in March 2020 most of the persons in paid employment who were temporarily laid-off were laid-off in the second half of the month, the number of persons in paid employment who received earnings did not change much compared to the previous month. However, due to the government payment of wage compensation for temporarily laid-off employees, the payment of earnings and/or wage compensation paid by employers decreased, which resulted in lower average earnings per person in paid employment compared to earnings for the previous month.

Although the data on average gross earnings per person in paid employment for March 2020 show that average earnings decreased (compared to earnings for February 2020), the data on average gross earnings per person in paid employment on the basis of paid hours (since they do not include the impact of government payment of wage compensation for temporarily laid-off employees) show that average gross earnings increased by 2.8% over the comparable period.

Average earnings for March 2020 lower than earnings for the previous month only in the private sector
Compared to earnings for February 2020, average gross earnings for March 2020 decreased in the private sector by 5.3%, while in the public sector they increased by 3.1% (in the institutional sector general government they increased by 1.9%).

The drop in average earnings in the private sector was largely the result of the above mentioned government measures related to the COVID-19 epidemic, while the increase in average earnings in the public sector was mostly the result of emergency relief compensation in some activities in line with the Intervention Measures Act and/or collective agreements.

If average gross earnings for March 2020 were calculated by the number of persons in paid employment on the basis of paid hours (and not on the basis of the number of persons in paid employment), they would be higher than earnings for February 2020 in both sectors (in the private sector by 0.5% and in the public sector by 6.8%).

Average earnings for March 2020 decreased the most in accommodation and food service activities
Compared to gross earnings for February 2020, average gross earnings for March 2020 decreased the most in accommodation and food service activities (by 20.9%). Average gross earnings for March 2020 decreased compared to February 2020 by more than 10% also in arts, entertainment and recreation (by 11.0%).

If average gross earnings for March 2020 were calculated by the number of persons in paid employment on the basis of paid hours (and not on the basis of the number of persons in paid employment), they would be lower than earnings for February 2020 in accommodation and food service activities (by 1.5%), while they would be higher in arts, entertainment and recreation (by 1.1%). Comparable data for other NACE sections of activities are available in the attachment Average monthly gross earnings calculated by the number of persons in paid employment on the basis of paid hours, by legal persons by activities and sectors, Slovenia, March 2020, provisional data.

The highest average gross earnings for March 2020 were paid in financial and insurance activities (EUR 3,008.00); compared to earnings for February 2020, average gross earnings also increased the most in that activity (by 19.6%), mainly due to higher extra payments.

Average earnings by NACE Rev. 2 sections of activities, Slovenia, March 2020
Average earnings by NACE Rev. 2 sections of activities, Slovenia, March 2020
Source: SURS
Average monthly earnings by legal persons, Slovenia
III 2020Ø I-III 2020III 2020
II 2020
III 2020
III 2019
Ø I-III 2020
Ø I-III 2019
EURindex
Gross1,758.271,788.1597.7100.3103.2
Public sector2,119.792,090.73103.1103.5103.3
  of which general government2,122.832,110.46101.9104.9104.2
Private sector1,593.821,650.0194.798.6103.3
Net1,146.111,162.8798.0101.6104.1
Public sector1,367.311,348.71103.0104.3104.1
  of which general government1,368.841,361.36101.7105.6104.9
Private sector1,045.501,078.0295.2100.1104.1
Source: SURS
METHODOLOGICAL NOTE

Detailed, final data on average earnings in Slovenia for March 2020 will be published on 25 May 2020 in the SiStat Database on SURS’s website.

Data are not seasonally adjusted.

Visit our SiStat database.