Workers in manufacturing and retail in virtual wage-freeze from 1997 to 2007
Over the past decade, managers and professionals in business and IT saw their earnings increase faster than any other workers' earnings, according to a new Statistics Canada study.
The study, Hourly Earnings, found the average hourly earnings of managers in the private sector grew by 20 per cent — four times the average five-per-cent rate for other private-sector employees.
Managers in the fields of engineering, sciences, IT, sales and marketing, saw their hourly earnings increase by an average of 23 per cent. Other managers, as well as business and finance professionals, saw their earnings grow by 18 per cent.
Computing and information system professionals saw a 14-per-cent increase in hourly wages.
The economic picture wasn't as rosy for one-quarter of private sector employees.
Clerical workers, manufacturing workers, cashiers, retail salespeople and sales clerks, who combined represented 26 per cent of private-sector employment in 2006/2007, saw virtually no wage growth in the past 10 years.
The study, Hourly Earnings, found the average hourly earnings of managers in the private sector grew by 20 per cent — four times the average five-per-cent rate for other private-sector employees.
Managers in the fields of engineering, sciences, IT, sales and marketing, saw their hourly earnings increase by an average of 23 per cent. Other managers, as well as business and finance professionals, saw their earnings grow by 18 per cent.
Computing and information system professionals saw a 14-per-cent increase in hourly wages.
The economic picture wasn't as rosy for one-quarter of private sector employees.
Clerical workers, manufacturing workers, cashiers, retail salespeople and sales clerks, who combined represented 26 per cent of private-sector employment in 2006/2007, saw virtually no wage growth in the past 10 years.
