Education workers value their labour efforts
The Government Wage Index (GWI) measures the level of prices that government employees charge in exchange for their labour services they provide.
PHILLEPUS UUSIKU
The increase in the number of teachers within the public education sector were the main driver in the Government Wage Index (GWI) in the first quarter (Q1) of 2021.
According to the Namibia Statistics Agency (NSA), the education index recorded a growth of 1.6% in Q1 of 2021, standing at 128.2 basis point when compared to 126.2 basis points recorded in the first quarter of 2020.
Overall, the GWI posted a marginal growth of 0.1% over the year, recording 134.7 basis points during the first quarter of 2021 when compared to the 134.5 basis points estimated in the parallel quarter of 2020.
In addition, the public administration and defence index declined posting a 140.4 basis points during the period under review, representing a reduction of 0.8 basis points relative to the 141.2 basis points witnessed in corresponding quarter of 2020, NSA pointed out.
The performance is ascribed to the reduction in the number of employees compensated within the central government.
Health
Similarly, the health index contracted to 124.4 basis points during the first quarter of 2021 compared to the 125.5 basis points in the same quarter of 2020. The reduction of 0.9% in the weighted index is attributed to reductions in high profile senior medical personnel, NSA added.
This GWI is used to reduce the public sector in the national accounts and is essential for evaluating the wage bill, living standards and condition of work of central government employees.
National accounts are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation.
The target population for the GWI comprises of public sector which includes central government employees for public administration and defence, education and Health sectors only. Legal bodies are excluded from the scope of employees, NSA said.
The increase in the number of teachers within the public education sector were the main driver in the Government Wage Index (GWI) in the first quarter (Q1) of 2021.
According to the Namibia Statistics Agency (NSA), the education index recorded a growth of 1.6% in Q1 of 2021, standing at 128.2 basis point when compared to 126.2 basis points recorded in the first quarter of 2020.
Overall, the GWI posted a marginal growth of 0.1% over the year, recording 134.7 basis points during the first quarter of 2021 when compared to the 134.5 basis points estimated in the parallel quarter of 2020.
In addition, the public administration and defence index declined posting a 140.4 basis points during the period under review, representing a reduction of 0.8 basis points relative to the 141.2 basis points witnessed in corresponding quarter of 2020, NSA pointed out.
The performance is ascribed to the reduction in the number of employees compensated within the central government.
Health
Similarly, the health index contracted to 124.4 basis points during the first quarter of 2021 compared to the 125.5 basis points in the same quarter of 2020. The reduction of 0.9% in the weighted index is attributed to reductions in high profile senior medical personnel, NSA added.
This GWI is used to reduce the public sector in the national accounts and is essential for evaluating the wage bill, living standards and condition of work of central government employees.
National accounts are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation.
The target population for the GWI comprises of public sector which includes central government employees for public administration and defence, education and Health sectors only. Legal bodies are excluded from the scope of employees, NSA said.
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