Jiangsu Provincial Bureau of Statistics released the "2016 urban non-private units and urban private units employed in the annual average wage" table, in 2016, Jiangsu Province, urban non-private units employed in the annual average wage of 71,574 yuan, compared with 2015, an increase of 8.1 %. The annual average wage of employed persons in urban non-private units was RMB 72,684, an increase of 8.2 % compared with 2015. The average annual wage of urban private sector employees was 47,156 yuan, an increase of 7.9 % compared with 2015.?

In the urban non-private sector, the lowest annual income was in the agriculture, forestry, animal husbandry and fishery industry at 37,953 yuan, followed by the accommodation and catering industry with an average annual income of 45,013 yuan. The highest annual income was in the information transmission, software and information technology services industry at 130,501 yuan. It was followed by the finance industry with an annual income of 122,648 yuan.

In the urban private sector, the lowest annual income was in the accommodation and catering industry, with an average of 36,197 yuan. This was followed by agriculture, forestry, animal husbandry and fishery at 37,048 yuan. The industry with the highest annual income is: information transmission, software and information technology services, at 52,879 yuan, followed by scientific research, technical services, at 50,933 yuan.

Expanded Information:

Average wage refers to the average amount of monetary wages earned by each employee of an enterprise, institution, or agency over a certain period of time. It indicates the degree of wage income of employees in a certain period of time, and is the main indicator reflecting the wage level of employees.

The formula is: average wage = total wages actually paid to all employees in the reporting period / the average number of all employees in the reporting period.

Explanation: The average wage is derived by dividing the total wages of the unit by the average number of employees during the year (within a quarter).

According to the current statistical system, total wages are the total amount of labor remuneration paid directly to all employees of the unit during a certain period of time, including hourly wages, piece-rate wages, bonuses, allowances and subsidies, overtime and overtime wages, and wages paid under special circumstances, regardless of whether or not they are counted as costs, and regardless of whether or not the payments are made in monetary or in-kind form, they are all included. Gross wages are calculated on an individual's pre-tax salary and include the funds paid by individuals into their personal accounts for pensions, medical care, housing, and so on.

Other methods: In many countries and regions, the "median" statistical method is also used in the statistics of average wages and other indicators of people's livelihood. The "median" refers to a set of data sorted from small to large, and then take out the value in the middle position. This algorithm reflects the wage situation of the majority of the population and the structural aspects of income. It also makes it easy for people to find out where they are in terms of their own pay, and therefore how they feel about it.

Reference:

Jiangsu Average Wage 2016-Jiangsu Statistics Bureau