ECT News Releases

Compensation costs up 0.6% Mar 2016-June 2016 and up 2.3% over the year ending June

07/29/2016

Compensation costs increased 0.6 percent for civilian workers, seasonally adjusted, from March 2016 to June 2016. Over the year, compensation rose 2.3 percent, wages and salaries are up 2.5 percent, and benefits rose 2.0 percent.
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In March private employers spend $2.44 per hour worked for employee health benefits

06/09/2016

Private employers spent an average of $32.06 per hour worked for compensation in March 2016. Health insurance was the largest individual employer benefit cost at $2.44, accounting for 7.6 percent of total compensation costs.
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