Average Monthly Earnings


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Average Monthly Earnings

The average income an individual earns each month over his/her working life, as calculated by the Social Security Administration. The AIME is calculated using the 35 highest-earning years (after the 21st birthday) of an individual's life. If one worked for fewer than 35 years, zeros are entered for years one did not work up to 35. See also: Average Indexed Monthly Earnings.
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However, since fourth quarter earnings are boosted by 13th salaries, the seasonally adjusted figure is probably a better indicator of the real average monthly earnings.
The average monthly earnings of employees during the third quarter of 2010 was EUR 1,865, with males earning EUR 2,041 and females earning EUR 1,653.
According to the preliminary estimates of the Statistical Service, the average monthly earnings of employees during the third quarter of 2010 amounted to 1,865 EUR, with 2,041 EUR for males and 1,653 EUR for females.
The average monthly earnings of employees of both sexes during the second quarter of 2010 amounted to EUR 1,860.
As unemployment climbed in Cyprus workers enjoyed a rise in average monthly earnings, thanks to the widespread practice of linking wages to inflation.
The average monthly earnings of employees in the third quarter of 2009 in Cyprus reached EUR 1,810 (males EUR 1,990 and females EUR 1,588) according to the preliminary estimates of the Statistical Service.
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