Weekly average salary reached EGP 806 in 2014: CAPMAS

Daily News Egypt
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The State Council’s administrative court has issued a 'stay of execution of law' judgement regarding the maximum wage for employees of the banks Banque du Caire, the National Bank of Egypt (NBE), and the United Bank. (AlBorsa Photo)
The average weekly salary for employees of the public sector/government’s IPOs and private sector has increased by 5.9% over 2014 to reach EGP 806, compared to EGP 761 in 2013. (AlBorsa Photo)
The average weekly salary for employees of the public sector/government’s IPOs and private sector has increased by 5.9% over 2014 to reach EGP 806, compared to EGP 761 in 2013.
(AlBorsa Photo)

The average weekly salary for employees of the public sector/government’s IPOs and private sector has increased by 5.9% over 2014 to reach EGP 806, compared to EGP 761 in 2013, the Central Agency for Public Mobilization and Statistics said in a statement, Wednesday.

CAPMAS data showed that the weekly average salaries for the public sector and IPOs employees has increased by 6.4%, reaching EGP 1,026 in 2014, compared to EGP 964 in 2013, whereas it recorded EGP 506 for private sector employees in 2014, compared to EGP 439 in 2013, with a 15.3%  increase.

Furthermore, CAPMAS showed that the average salary for male workers in both the public, IPOs and private sectors reached EGP 817 in 2014, compared to EGP 769 in 2013, marking a 6.2% increase.

Male workers’ salaries in the public and governmental IPOs sector reached EGP 1,008 in 2014, compared to EGP 951 in 2013, with a 6% increase, whereas it recorded EGP 529 for the private sector in 2014, compared to EGP 456 in 2013, with a 16% increase.

As for female workers, CAPMAS data showed that the average salary in both the public and governmental IPOs and the private sectors has reached EGP 746 in 2014, compared to EGP 714 in 2013 with an increase of 4.5%.

For the public and IPOs sector, female workers’ salaries reached EGP 1,161 in 2014 compared to EGP 1,065 in 2013, with a 9% increase. As for the private sector, salaries reached EGP 419 in 2014 marking a 15.1% increase compared to EGP 364 in 2013.

CAPMAS also showed that the weekly average for working hours in both sectors reached 56 hours, recording 53 hours in the public sector and IPOs and 60 hours in private sector.

 

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