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Compensation costs up 2.6 percent for the year ending March 2015

May 07, 2015

Compensation costs for civilian workers increased 2.6 percent for the 12-month period ending March 2015. The increase in compensation costs for the 12 months ending March 2014 was 1.8 percent. Wages and salaries increased 2.6 percent over the 12 months ending March 2015; benefits costs increased 2.7 percent. Both figures were larger than those for the 12 months ending in March 2014.

12-month percent changes in compensation, wages and salaries, and benefit costs, March 2005–March 2015
Quarter Compensation(1) Wages and salaries Benefits

Mar 2005

3.6 2.5 5.9

Jun 2005

3.2 2.5 5.0

Sep 2005

3.0 2.3 5.0

Dec 2005

3.1 2.6 4.5

Mar 2006

2.8 2.7 3.4

Jun 2006

3.0 2.8 3.4

Sep 2006

3.3 3.2 3.3

Dec 2006

3.3 3.2 3.6

Mar 2007

3.5 3.6 3.1

Jun 2007

3.3 3.4 3.4

Sep 2007

3.3 3.3 3.2

Dec 2007

3.3 3.4 3.1

Mar 2008

3.3 3.2 3.5

Jun 2008

3.1 3.2 2.9

Sep 2008

2.9 3.1 2.6

Dec 2008

2.6 2.7 2.2

Mar 2009

2.1 2.2 2.0

Jun 2009

1.8 1.8 1.8

Sep 2009

1.5 1.5 1.5

Dec 2009

1.4 1.5 1.5

Mar 2010

1.7 1.5 2.2

Jun 2010

1.9 1.6 2.5

Sep 2010

1.9 1.5 2.8

Dec 2010

2.0 1.6 2.9

Mar 2011

2.0 1.6 3.0

Jun 2011

2.2 1.6 3.6

Sep 2011

2.0 1.6 3.2

Dec 2011

2.0 1.4 3.2

Mar 2012

1.9 1.7 2.7

Jun 2012

1.7 1.7 2.1

Sep 2012

1.9 1.7 2.4

Dec 2012

1.9 1.7 2.4

Mar 2013

1.9 1.6 2.4

Jun 2013

1.9 1.7 2.2

Sep 2013

1.9 1.6 2.2

Dec 2013

2.0 1.9 2.2

Mar 2014

1.8 1.6 2.1

Jun 2014

2.0 1.8 2.5

Sep 2014

2.2 2.1 2.4

Dec 2014

2.2 2.1 2.6

Mar 2015

2.6 2.6 2.7
Footnotes:

(1) Includes wages and salaries and benefits.

Compensation cost increases for the 12-month period ending March 2015 ranged from 2.3 percent for natural resources, construction, and maintenance occupations and service occupations to 3.4 percent for sales and office occupations.

Among the major industry groups, compensation cost increases for the year ending March 2015 ranged from 1.8 percent in construction to 6.1 percent for information.

These data are from the Employment Cost Trends program. To learn more, see “Employment Cost Index — March 2015” (HTML) (PDF). You also can learn more about employment cost trends from the Commissioner’s Corner blog. Civilian workers are all private industry and state and local government workers. Data for the occupational and industry groups are for private industry only.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs up 2.6 percent for the year ending March 2015 on the Internet at https://www.bls.gov/opub/ted/2015/compensation-costs-up-for-the-year-ending-march-2015.htm (visited August 11, 2020).

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