The annual Earnings Survey is compulsory under the Statistics Act 1999 and collects information on individuals’ gross earnings and hours of work.
Individuals are randomly selected from Income Tax records and forms are sent to the last known employer. The questionnaire asks for details of the employee's sex, date of birth, industry, hours of work along with basic pay, overtime and incentive payments. The pay period refers to mid June and the deadline for submission is September. There is a financial penalty for non-response.
The results are released in a form that does not allow for individuals to be identified. Average earnings of full time employees are calculated, the distribution of earnings is illustrated, Isle of Man salaries compared with the UK are highlighted and the private and public sector are compared.
The survey is of gross earnings before deductions of income tax and national insurance. Gross earnings include overtime, shift premia and payment by results in addition to basic pay.
Summary of Results – Isle of Man Earnings Survey 2022
- Median gross weekly pay of full-time employees was £673, compared to £613 in 2021 (Table One)
- Although nominal median and average weekly pay have risen compared with 2021, both remain below a ten-year high in 2017 once inflation is taken into account. Moreover, there is considerable overlap between margins of error in the estimates of average weekly pay for previous years, raising the possibility that differences in the data between successive years are artifacts resulting from the sampling process (Figure 1 and Figure 2)
- Full-time employees worked an average of 37.7 hours per week, the same amount as in 2021, including 1.0 hours of overtime (Table Four)
- Overtime, incentive pay and shift premiums made up 5.3% of employees' gross weekly earnings, up from 6.2% in 2021 (Table Two)
- Median earnings were 5.2% higher than the median United Kingdom (Table Eight)
- 16.9% of employees in 2022 earned less than the Isle of Man Living Wage, up from an estimated 10.1%, 4.5% of employees earned the Minimum Wage, up from 1.3% in 2021 (Table Ten). In both cases, this is at least in part due to significant increases in both the Living and Minimum Wages
- 71% of the randomly selected sample worked full time, 19% worked part time and 10% had zero contracted hours