12-month percent changes in private industry wages and salaries

August 07, 2014

Wages and salaries for all private industry workers increased 1.9 percent from June 2013 to June 2014, while wages and salaries for all private workers excluding incentive paid occupations increased 1.8 percent. BLS defines incentive pay as payment that relates earnings to actual individual or group production.

 

 

12-month percent change in wages and salaries, selected occupations, private industry, March 2007–June 2014
Quarter  All  All,
excluding
incentive paid
ManagementManagement,
excluding
incentive paid
SalesSales,
excluding
incentive paid
ProductionProduction,
excluding
incentive paid

Mar 2007

3.63.53.83.83.43.42.52.5

Jun 2007

3.33.43.73.83.13.32.62.7

Sep 2007

3.43.53.63.72.83.52.72.9

Dec 2007

3.33.43.53.53.13.52.52.7

Mar 2008

3.23.53.43.52.83.62.82.8

Jun 2008

3.13.33.33.32.83.32.92.8

Sep 2008

2.93.23.23.32.63.32.92.8

Dec 2008

2.63.23.13.31.73.12.72.9

Mar 2009

2.02.52.42.51.12.42.22.5

Jun 2009

1.61.91.61.70.62.11.92.2

Sep 2009

1.41.61.11.20.91.81.82.0

Dec 2009

1.31.40.90.91.31.71.71.8

Mar 2010

1.51.41.31.21.61.61.41.6

Jun 2010

1.61.61.61.62.21.61.41.5

Sep 2010

1.61.61.91.91.71.31.61.6

Dec 2010

1.81.62.02.01.91.31.61.5

Mar 2011

1.61.61.71.91.81.41.61.5

Jun 2011

1.71.61.81.91.81.41.51.5

Sep 2011

1.71.51.71.72.11.71.31.3

Dec 2011

1.61.61.61.71.91.81.31.4

Mar 2012

1.91.51.71.62.41.71.91.7

Jun 2012

1.81.61.81.62.21.81.81.7

Sep 2012

1.81.61.71.52.31.72.01.9

Dec 2012

1.71.61.91.61.91.62.01.9

Mar 2013

1.71.81.81.71.91.71.81.8

Jun 2013

1.91.92.12.11.81.81.91.9

Sep 2013

1.82.02.12.11.71.91.71.8

Dec 2013

2.11.82.12.02.21.81.81.8

Mar 2014

1.71.61.91.81.71.71.92.0

Jun 2014

1.91.81.91.72.01.72.22.1

Wages and salaries for all management workers increased 1.9 percent from June 2013 to June 2014, while wages for all sales and related occupations increased 2.0 percent and production 2.2 percent. Wages and salary increases for the same workers excluding incentive pay were 1.7 percent, 1.7 percent, and 2.1 percent, respectively.

The increase in wages and salaries for all occupations in June 2014 (1.9 percent) was roughly half that of March 2007 (3.6 percent) and the same was true of management and sales. In contrast, the increase in wages and salaries for production workers in June 2014 (2.2 percent) was nearly that of the level experienced in March 2007 (2.5 percent).

Wages and salaries of all sales and related workers and all sales and related workers excluding incentive paid were affected to a greater degree by the recession than other occupations. Incentive workers made up about 20 percent of the sales workers category.   

These data are from the Employment Cost Trends program. To learn more, see “Employment Cost Index — June 2014” (HTML) (PDF), news release USDL-14-1390.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, 12-month percent changes in private industry wages and salaries on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140807.htm (visited October 30, 2014).

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