Egypt – Ins. sector has the highest average wage
Tuesday, 05 21 2019, Category: Insurance and Reinsurance, Country: Egypt
The average weekly wage in Egypt amounted to EGP 1,104 for employees in both public and private sectors (10+ employees), up from EGP 1,050 in 2017, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
In its annual bulletin of employment, wages, and working hours statistics, the CAPMAS explained that the average weekly wage for an employee in the public sector increased to EGP 1,278 in 2018, compared to EGP 1,247 in 2017.
In the private sector, the average weekly wage amounted to EGP 877 in 2018, compared to EGP 779 in 2017.
Furthermore, the agency revealed that the financial intermediation and insurance activities scored the highest average of the weekly wage by EGP 3,289, up from EGP 3,106 in 2017.
Source: Daily News Egypt