50% of workers received income of $ 380,000 or less in 2017



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It is a constant listening of people that the salary does not reach at all, but how much do the Chileans earn? On Wednesday, the National Institute of Statistics (INE) released some data

According to the agency, the average average main labor income of the population employed in the country was $ 554,493 net monthly (amount gross minus legal rebates), while the median income – which receives a representative representative of the half of the population – reached $ 379 673 net per month

In this sense, the data show that 50% of workers earned less than or equal to the latter amount as shown by the Survey of Supplementary Income (ESI).

The measure, which is a complementary module of the National Survey of Employment (ENE), it is applied each year during the quarter from October to December to about 36,000 households in urban and rural areas in all parts of the country, in order to characterize the labor income of workers, as well as the results of last year also showed that during this year the average income and median men was $ 636,981 and $ 402,355. respectively, while for women it was $ 450,287 and $ 319,725 respectively.

Implicit gender differences of -29.3% in average income, 2.4 percentage points (pp.) Less than in 2016, and -20.5% in medium, 4 , 4 pp. less, both to the detriment of women.

Profile of Workers

Of the total employees earning at or below the median income ($ 379,673), 52.0% are women and 45.4% are women.

For age groups, 12.0% are between 15 and 24 years old and 30.0% are between 55 and over; this is 3.9 and 2.9pp. more than the proportion observed for the total number of persons employed in these age groups, respectively (8.1% and 27.1%).

In the meantime, the majority (18.1%) of the employed population earned between $ 200,000 and $ 300,000. They were followed by those who earned $ 300,000 to $ 400,000 (17.2% of employees) and $ 400,000 to $ 500,000 (12.2%).

On the other hand, only 12.2% of employees had higher incomes 1.5% of workers reached amounts over $ 3,000,000

Employers were the occupational group that received the income highest average monthly and median ($ 1,312,290 and $ 800,000). , respectively). They were followed by civil servants ($ 808,892 and $ 603,532), private employees ($ 561,210 and $ 399,656), self-employed persons ($ 320,924 and $ 201,177) and servants ($ 241,811 and $ 240,000). ). the employed population of Magallanes had the highest average and median income ($ 779,977 and $ 502,943, respectively). On the contrary, Maule was the region with the lowest average and average income ($ 417,294 and $ 300,475, in order).

Education as a key factor

In addition, according to the study, in 2017 the positive and growing relationship between income and the level of education shown by the measures of previous years. Graduate graduates had the highest average monthly and median income ($ 1,842,244 and $ 1,478,654 respectively), while those with a primary level of education had the highest average monthly income. had the lowest income ($ 272,430 and $ 260,313).

In turn, the top-rated occupational groups received the highest incomes. This is how senior management and executive members recorded the highest average and median income ($ 1,995,726 and $ 1,498,710, respectively). In contrast, unskilled workers received the lowest median income ($ 275,871) and farmers, farm and fishing workers had the lowest median income ($ 239,794).

Also, at the national level, median and median income Households (including labor income and other sources of income for all household members) were estimated at $ 1,113,673 and 783 $ 033, which implied increases of 9.0% and 10.3%, respectively, compared to 2016.

Meanwhile, 68.1% of households received an income less than or equal to 1,113,673 $ 21.0% had an income between $ 250,000 and $ 500,000 and 5.0%, an income over $ 3,000. 000.

Magallanes ($ 1,616,201) and Antofagasta ($ 1,572,754) have the highest average household income, while Biobío ($ 793,740) and Maule ($ 802,207) are the lowest. As for the median household income, the highest were recorded in Antofagasta ($ 1,208,959) and Magallanes ($ 1,200,000) and the lowest in Maule ($ 574,439) and La Araucania (582,142). dollars). The estimated average real income for the total number of people employed in 2017 (used to determine purchasing power at any given time) increased by 5.2% from 2016, from $ 527,251 to $ 554,493. The median real income, meanwhile, increased by 6.5%.

In turn, the estimated average real household income increased by 7.0% over 2016 (from $ 1,040,872 to $ 1,113,673). ) and the actual median income increased by 8.3% (from $ 722,942 to $ 783,033).

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