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Jersey's Average Yearly Earnings Top £42k

The average amount islanders earn has barely changed over the last 20 years.

A new report has revealed that real-term earnings in Jersey have gone up by just 0.5% since 2001.

Statistics Jersey says full-time employees in the island earn a mean average of £820 per week, an increase of 3.3% compared to last year.

That works out as a salary of £42,640 a year, but two thirds of islanders earn less than that as the average is skewed by Jersey's highest earners.

Image Credit: Statistics Jersey

Hospitality staff earned the least, averaging £500 a week, while the financial services industry paid its workers the most - averaging £1,120 a week.

Image Credit: Statistics Jersey

Over the last 12 months, average earnings in the private sector rose by 3.9%, while public sector workers saw just a 0.1% rise.

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