§ Barbara FollettTo ask the Secretary of State for Trade and Industry what the average increase in the earnings index in the 12 month period to February was as a result of bonus payments; and(a) what proportion of that was due to a growth in the financial sector and (b) what proportion of those bonuses went to (i) men and (ii) women. [15726]
§ Ruth KellyI have been asked to reply.
The information requested falls within the responsibility of the National Statistician. I have asked him to reply.
Letter from Len Cook to Barbara Follett, dated 19 November 2001:
As National Statistician, I have been asked to reply to your recent question about the average increase in the earnings index (15726).The rate of growth in the Average Earnings Index for Great Britain in the year to February was 6.8 per cent. Excluding bonus payments, the index showed annual growth of 4.1 per cent. The published "bonus effect" is therefore 2.7 percentage points.The Financial Intermediation sector contributed approximately 3.0 percentage points to this effect.Information is not available from the Average Earnings Index by sex.