Showing posts with label compensation. Show all posts
Showing posts with label compensation. Show all posts

Friday, June 22, 2012

11th Quadrennial Review of Military Compensation - Released

DOD has released its newest study assessing the effectiveness of military pay and benefits. The Quadrennial Review of Military Compensation (QRMC) is completed every four years and focuses on areas established by the President. Begun in 2010, the 11th QRMC focused specifically on:
special and incentive pays for critical career fields; combat compensation; wounded warriors, caregivers, and survivor compensation; and Reserve and National Guard compensation and benefits.
For the rest of the summary see the press release http://www.defense.gov/releases/release.aspx?releaseid=15392

The report can be viewed in several ways. The main link for the 11th report also includes links for the 9th and 10th as well.
11th QRMC Main report
11th QRMC supporting research papers
View individual supporting chapters, reference documents, and downloadable files


Friday, July 29, 2011

Compensation costs up in June

Compensation for civilian workers rose 0.7%, wages and salaries rose 0.4%, and benefit costs rose 1.3%, seasonally adjusted, from March to June 2011. Over the year, compensation rose 2.2%, wages and salaries 1.6%, and benefits 3.6%

Monday, May 30, 2011

National Compensation Survey and Productivity Trends

National Compensation Survey: Occupational Earnings in the United States, 2010

The National Compensation Survey (NCS) provides comprehensive measures of occupational earnings, compensation cost trends, the incidence of benefits, and detailed benefit provisions. This bulletin presents estimates of occupational pay for the Nation. These national estimates originate from the NCS locality survey data and are weighted to represent the Nation as a whole. The estimates include pay for workers in major sectors within the U.S. economy in 2010–the civilian, private, and State and local government sectors–and by various occupational and establishment characteristics. The civilian sector, by NCS definition, excludes Federal Government, agricultural, and household workers.

National Compensation Survey: Occupational Wages by Census Division, 2010

Preliminary Multifactor Productivity Trends – 2010 [PDF]

Thursday, June 10, 2010

Employer Costs for Employee Compensation

The latest Employer Costs for Employee Compensation news release was issued June 9, 2010 by the Bureau of Labor Statistics. Highlights are below.
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Employers spent an average of $29.71 per hour worked for civilian compensation in March 2010. Wages and salaries averaged $20.67, and benefits averaged $9.04. Health insurance was the largest individual employer benefit cost at $2.48 per hour, which accounted for 8.3 percent of total compensation costs.

Wednesday, December 24, 2008

County Compensation by Industry, 2007

From the Bureau of Economic Analysis:
Total compensation of U.S. workers grew 5.2% in 2007 and most counties shared in that growth, according to statistics released today by the Bureau of Economic Analysis (BEA). Compensation grew in over 90% of the 3,111 counties in the U.S., as the average annual compensation per job in the U.S. grew by 4.1% to $53,892. Inflation, as measured by the national price index for personal consumption expenditures, grew 2.6% in 2007.