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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Private employers spend $1.27 per hour worked for employee retirement benefits in June

09/08/2016

Private industry employer compensation costs averaged $32.29 per hour worked in June 2016. Wages and salaries costs were $22.52 and total benefit costs were $9.77. Retirement costs were $1.27, accounting for 3.9 percent of total compensation costs.
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