Page 30 - JobsPlus - Occupational Handbook

Median wage by occupation and economic sector
Whilst each occupational sheet reflects the median pay in the respective occupation, the table on the following page provides an overview of the variation in the median basic weekly wage across the different economic sectors for each major occupation group. This table offers users an easy comparison of the wage for a particular group of occupations (e.g. professionals) across the distinct industries. For instance, the median basic weekly pay for managers (ISCO 1) employed in one sector may differ from the median basic weekly pay in another sector. In essence, one would expect wages in sectors contributing high shares to GVA (Gross Value Added) to be higher than their counterparts in other sectors. As an example, the median weekly wage pertaining to service and sales workers (ISCO 5) employed in the Transportation & Storage (NACE H) sector is one of the highest median weekly wages across the same major ISCO group. Similarly, managers (ISCO 1) employed within the Financial & Insurance Activities (NACE K) and the Arts, Entertainment & Recreation (NACE R) sectors have median weekly wages higher than individuals of the same cohort employed within the Manufacturing (NACE C) and Accommodation & Food Service Activities (NACE I) sectors.
Cells left blank (i.e. indicated by a dash), represent either occupations that are non-existent within the respective economic sector or instances where the numbers are unreliable due to small sample sizes. The computation of the median wage in the subsequent table is based on the same methodology applied for the occupation data in each occupational sheet.
The below lists provide a full description of the major ISCO groups and economic sectors included in the table.
Major ISCO Groups (ISCO):
• [1] Managers
• [2] Professionals
• [3] Technicians and Associate Professionals
• [4] Clerical Support Workers
• [5] Services and Sales Workers
• [6] Skilled Agricultural, Forestry and Fishery Workers
• [7] Crafts and Related Trade Workers
• [8] Plant and Machine Operators and Assemblers
• [9] Elementary Occupations
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