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Support #717

Deriving hourly wage variable

Added by nia kennedy over 3 years ago. Updated over 3 years ago.

Status:
Closed
Priority:
Urgent
Assignee:
Category:
Data analysis
Target version:
-
Start date:
02/07/2017
Due date:
% Done:

100%

Estimated time:

Description

I am currently writing my dissertation on the Impact of Obesity on Wages in the UK Labour Market using Waves 2 and 3.

I would like my dependent variable to be an individual's hourly wage and I was wondering if you had any additional data on hourly wages or a way to derive this variable using other variables in the dataset.

I am currently using total monthly labour income gross (x_fimnlabgrs_dv) but it would really help my analysis if I could derive an hourly wage variable or if you could recommend another pay/wage variable to use.

I was wondering whether it'd be possible to divide total monthly labour income gross (b_fimnlabgrs_dv) by 4.348(average number of weeks in a month) and job hours to create an average hourly wage variable but thought this may be a bit of an ad hoc way.

History

#1 Updated by Victoria Nolan over 3 years ago

  • Status changed from New to Feedback
  • Assignee changed from Alita Nandi to nia kennedy
  • % Done changed from 0 to 80
  • Private changed from Yes to No

Dear Nia,

Unfdortunately we do not provide that conversion with our data, but there should be plenty of online resources available that provide formulae to convert wages using typical hours worked.

Best wishes, Victoria.

#2 Updated by Victoria Nolan over 3 years ago

  • Status changed from Feedback to Closed
  • % Done changed from 80 to 100

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