ECT News Releases

Compensation costs up 0.6% Dec 2015-Mar 2016 and up 1.9% over the year ending March

04/29/2016

Compensation costs increased 0.6 percent for civilian workers, seasonally adjusted, from December 2015 to March 2016. Over the year, compensation rose 1.9 percent, wages and salaries are up 2.0 percent, and benefits rose 1.7 percent.
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In March private employers spend $2.44 per hour worked for employee health benefits

06/09/2016

Private employers spent an average of $32.06 per hour worked for compensation in March 2016. Health insurance was the largest individual employer benefit cost at $2.44, accounting for 7.6 percent of total compensation costs.
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