"Average Weekly Earnings (AWE) is a new experimental statistic to calculate the average weekly earnings for all current employees. The AWE measure is the first short term earnings indicator which is able to give a pounds and pence level of earnings. The AWE indicator enables the growth to be decomposed into an earnings and an employment element. It is also the first indicator to estimate the proportion of weekly earnings which is accounted for by bonuses and arrears.This article introduces the AWE indicator, briefly explains how it is calculated and compares it to the current earnings measure."

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