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This finding shows that the average wage level at vocational schools can compete with average wage levels in the rest of the economy.
It is derived from benefit model simulations and is computed as an average across two earnings levels (100%and66%6% of average wage levels) and three family situations (single, married with dependent spouse and without children, married with dependent spouse and two children).
However, the differences in the average wage levels of hospital personnel used in the present study were consistent with the reported official statistics for health workforce remuneration by OECD [ 18].
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Although average wage level has risen and national economy has boosted, the cost of development seriously affects individuals' welfare and social security.
As a relatively undeveloped and recently emerging economy, it has the undoubted appeal of an average wage level less than half of that in Thailand or Indonesia.
In contrast, the average wage level in the reference category "industry and manufacturing" is CHF 69,922, and all of the occupation categories that deviate positively from the reference category feature average wages in the under CHF 80,000 range.
On the one hand, empirical studies reveal that the average wage level and even the rate of wage growth are both higher in the state sector than in the private sector (Xia et al. 2012).
The higher the average wage level in an occupation, the more likely that teachers will constitute a negative selection, i.e., those who tend to earn less than comparison subjects, and vice versa.
As to recruitment chances of vocational schools in the individual occupations: the higher the average wage level in an occupation, the larger the probability that individuals recruited from that occupation will rank among the low earners.
We find however that, even controlling for the average wage level in 2008 (which proxies the share of workers close to the contractual minimum threshold), the turnover is much higher in firms characterized by a higher share of temporary workers in 2008 (results available upon request).
Based on this information -- unemployment, average wages, level of household debt -- we could initiate practical, pragmatic, steps toward helping people live better lives, right now, not four years from now.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com