|
|
|
FOM109B - Hourly average net earnings in the economy on section and division level, CANE Rev.2, adjusted series by seasonal and working days effect |
Definition |
The hourly average net earnings are obtained by subtracting from the gross amounts related to the average gross earnings, the social security contribution paid by employees, the social health insurance contribution paid by employees and the corresponding tax, the result being divided by the number of hours actually worked. Until 2018, the mandatory social contributions of the employees include: the contribution of employees to the unemployment insurance budget, the individual social insurance contribution and the contribution of employees to social health insurance. The amounts related to earnings are detailed in FOM106D matrix. The time actually worked includes hours actually worked in normal working time as stipulated in the labour contract/agreement and overtime actually worked, both on working days over the normal working hours, as well as on weekly resting days, public holidays and other non-working days. |
Periodicity |
Monthly |
Data sources |
Monthly survey on earnings details |
Methodology |
For details see FOM106D matrix - Monthly average net earnings in the economy on section and division level, CANE Rev.2 The hourly average earnings represent the ratio between amounts paid to the employees by the economic operators in the reference month and the number of man-hours for the actual worked period from the reference month (including overtime). Besides the gross (unadjusted) series the adjusted series is calculated by seasonal and working days effect, being eliminated the effect of the variation of the number of working days from one quarter to another, as well as the effect of the seasonal variation. The adjustment was done by regressive method. For adjustment it was used the software package JDEMETRA+ v2.1 (TRAMO/SEATS method), which estimates the effect of working days number different from one month to another and effect of calendar (leap year and other national holidays), as well as the identification and correction of the outliers (occasional level changes, transitory or permanent ones). The adjustment was done by direct method, respectively, applying the adjustment method over the hourly average earnings. The estimation of unobserved components (trend-cycle, seasonality and irregular component) is developed by the SEATS software based on ARIMA models. The seasonal and working days adjusted series were obtained by eliminating the seasonal component from the adjusted series by working days effect. Metadata and quality report Metadata and quality report |
Last update |
JUN 13, 2025 |
Observations |
For details see FOM106D matrix - Monthly average net earnings in the economy on section and division level, CANE Rev.2 |
Responsible person |
Cotirta Alin; e-mail:alin.cotirta@insse.ro; int. 2281 |
|
|
|