ECT News Releases

Compensation costs up 0.6% from June 2016 to Sept 2016 and up 2.3% over the year

10/28/2016

Compensation costs increased 0.6 percent for civilian workers, seasonally adjusted, from June 2016 to September 2016. Over the year, compensation rose 2.3 percent, with wages and salaries up 2.4 percent and benefits up 2.3 percent.
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Private employers spend $1.27 per hour worked for employee retirement benefits in June

09/08/2016

Private industry employer compensation costs averaged $32.29 per hour worked in June 2016. Wages and salaries costs were $22.52 and total benefit costs were $9.77. Retirement costs were $1.27, accounting for 3.9 percent of total compensation costs.
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