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.
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.
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 https://www.bls.gov/opub/ted/2014/ted_20140807.htm (visited May 30, 2020).
Recent editions of Spotlight on Statistics
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.
- Labor Market Activity of Blacks in the United States
Examines data on the labor market and related topics for the Black or African American population.
- Workers’ Access to and Use of Leave from Their Jobs in 2017–18
Examines the reasons for which workers can take leave, their use of leave, and the reasons they did not take available leave even when they needed to.