Table 5. Compensation (not seasonally adjusted): Employment Cost Index for total compensation, for private industry workers, by occupational group and industry

Table 5. Employment Cost Index for total compensation(1), for private industry workers, by occupational group and industry [Not seasonally adjusted]
Occupational group and industry	Indexes (Dec. 2005=100)			Percent changes for
	Mar. 2023	Dec. 2023	Mar. 2024	3-months ended-			12-months ended-
	Mar. 2023	Dec. 2023	Mar. 2024	Mar. 2023	Dec. 2023	Mar. 2024	Mar. 2023	Dec. 2023	Mar. 2024
All workers	157.4	161.6	163.8	1.4	0.6	1.4	4.8	4.1	4.1
Excluding incentive paid occupations(2)	157.3	161.4	163.7	1.5	0.6	1.4	4.8	4.1	4.1
Occupational group
Management, professional, and related	152.9	156.8	158.9	1.4	0.4	1.3	4.3	4.0	3.9
Excluding incentive paid occupations(2)	152.1	155.9	158.1	1.5	0.5	1.4	4.3	4.1	3.9
Management, business, and financial	153.8	157.5	159.5	1.3	0.2	1.3	4.0	3.8	3.7
Excluding incentive paid occupations(2)	152.7	156.2	158.5	1.5	0.3	1.5	4.0	3.9	3.8
Professional and related	152.4	156.4	158.6	1.5	0.6	1.4	4.7	4.2	4.1
Sales and office	161.3	165.2	167.9	1.4	0.7	1.6	5.7	3.8	4.1
Excluding incentive paid occupations(2)	163.0	166.9	169.3	1.7	0.5	1.4	5.6	4.1	3.9
Sales and related	159.0	162.9	165.7	1.3	1.1	1.7	6.1	3.8	4.2
Excluding incentive paid occupations(2)	163.8	167.6	169.8	2.0	0.7	1.3	5.9	4.4	3.7
Office and administrative support	161.9	165.8	168.3	1.4	0.4	1.5	5.3	3.9	4.0
Natural resources, construction, and maintenance	154.8	159.7	161.3	1.2	0.9	1.0	4.3	4.4	4.2
Construction, extraction, farming, fishing, and forestry occupations	154.1	158.1	159.7	1.0	0.5	1.0	3.8	3.7	3.6
Installation, maintenance, and repair	155.6	161.5	163.2	1.5	1.4	1.1	4.8	5.3	4.9
Production, transportation, and material moving	160.3	165.5	167.9	1.3	1.4	1.5	4.5	4.6	4.7
Excluding incentive paid occupations(2)	160.1	165.3	167.6	1.4	1.5	1.4	4.6	4.7	4.7
Production	157.1	161.3	163.7	1.4	0.9	1.5	4.8	4.1	4.2
Excluding incentive paid occupations(2)	157.5	161.8	163.9	1.4	1.0	1.3	4.7	4.2	4.1
Transportation and material moving	165.5	171.5	173.9	1.3	1.8	1.4	4.4	5.0	5.1
Service occupations	169.0	173.2	175.6	1.4	0.5	1.4	6.0	4.0	3.9
Industry and occupational group
Goods-producing industries(3)	152.5	156.3	158.3	1.3	0.8	1.3	4.3	3.8	3.8
Excluding incentive paid occupations(2)	152.3	155.9	157.9	1.3	0.7	1.3	4.0	3.7	3.7
Management, professional, and related	146.4	148.9	151.3	1.5	0.3	1.6	3.0	3.2	3.3
Sales and office	160.4	167.1	169.5	1.5	2.5	1.4	8.4	5.8	5.7
Natural resources, construction, and maintenance	153.5	157.5	159.0	1.1	0.6	1.0	3.9	3.8	3.6
Production, transportation, and material moving	155.1	159.2	161.2	1.2	1.0	1.3	4.7	3.9	3.9
Construction	153.3	157.7	159.2	1.3	0.9	1.0	4.9	4.2	3.8
Manufacturing	152.3	155.8	158.1	1.3	0.8	1.5	4.2	3.7	3.8
Management, professional, and related	147.6	150.1	152.5	1.4	0.4	1.6	2.9	3.2	3.3
Sales and office occupations	156.8	160.4	163.8	1.2	0.6	2.1	5.4	3.5	4.5
Natural resources, construction, and maintenance	151.9	156.0	157.9	1.2	1.0	1.2	4.3	3.9	3.9
Production, transportation, and material moving	154.9	159.0	161.2	1.2	1.0	1.4	4.7	3.9	4.1
Aircraft manufacturing	133.6	134.7	137.2	1.8	0.1	1.9	-5.2	2.6	2.7
Service-providing industries(4)	158.8	163.1	165.4	1.4	0.6	1.4	5.0	4.2	4.2
Excluding incentive paid occupations(2)	158.8	163.0	165.3	1.5	0.6	1.4	5.0	4.2	4.1
Management, professional, and related	154.1	158.1	160.2	1.4	0.4	1.3	4.5	4.1	4.0
Sales and office	161.4	164.9	167.7	1.4	0.5	1.7	5.4	3.6	3.9
Natural resources, construction, and maintenance	156.8	163.0	164.8	1.5	1.5	1.1	4.8	5.5	5.1
Production, transportation, and material moving	166.1	172.1	174.8	1.4	1.7	1.6	4.4	5.1	5.2
Service occupations	169.0	173.3	175.7	1.4	0.5	1.4	6.0	4.0	4.0
Trade, transportation, and utilities	162.2	167.5	169.4	1.3	1.1	1.1	4.4	4.6	4.4
Excluding incentive paid occupations(2)	162.7	168.1	170.0	1.6	1.3	1.1	4.8	5.0	4.5
Wholesale trade	155.2	159.1	162.1	1.3	0.4	1.9	4.3	3.9	4.4
Excluding incentive paid occupations(2)	158.4	162.2	164.2	1.6	0.2	1.2	5.0	4.0	3.7
Retail trade	167.4	171.5	172.0	1.6	0.5	0.3	5.4	4.1	2.7
Excluding incentive paid occupations(2)	166.0	170.1	171.4	2.0	0.5	0.8	5.7	4.5	3.3
Transportation and warehousing	161.2	169.8	172.8	0.9	3.2	1.8	3.1	6.3	7.2
Utilities	166.8	171.9	173.6	1.6	0.6	1.0	3.7	4.7	4.1
Information	154.5	157.5	159.5	1.4	0.7	1.3	5.0	3.4	3.2
Financial activities	155.1	159.0	160.4	0.8	-0.1	0.9	4.4	3.4	3.4
Excluding incentive paid occupations(2)	156.9	159.3	161.9	1.9	0.1	1.6	5.1	3.4	3.2
Finance and insurance	155.4	159.5	160.8	0.7	0.0	0.8	4.4	3.4	3.5
Credit intermediation and related activities	156.3	160.5	163.2	1.4	0.1	1.7	5.3	4.2	4.4
Excluding incentive paid occupations(2)	161.1	163.5	166.8	2.2	0.1	2.0	6.0	3.7	3.5
Insurance carriers and related activities	157.8	159.9	162.1	1.7	-0.4	1.4	5.1	3.1	2.7
Excluding incentive paid occupations(2)	155.8	158.2	160.9	1.9	0.2	1.7	4.7	3.5	3.3
Real estate and rental and leasing	153.9	156.9	158.4	1.3	-0.3	1.0	4.8	3.3	2.9
Excluding incentive paid occupations(2)	158.1	160.8	162.7	1.3	-0.2	1.2	4.7	3.1	2.9
Professional and business services	157.9	161.0	164.2	1.7	0.2	2.0	5.1	3.7	4.0
Professional, scientific, and technical services	158.9	161.9	165.0	1.8	0.1	1.9	5.2	3.7	3.8
Administrative and support and waste management and remediation services	158.2	161.6	164.1	1.7	0.4	1.5	5.2	3.9	3.7
Education and health services	156.1	161.1	163.1	1.3	0.9	1.2	5.3	4.5	4.5
Educational services	152.8	157.7	159.6	0.9	0.8	1.2	5.1	4.2	4.5
Junior colleges, colleges, universities, and professional schools	151.9	156.5	158.0	0.7	0.6	1.0	4.2	3.8	4.0
Health care and social assistance	156.8	161.8	163.8	1.4	0.9	1.2	5.3	4.6	4.5
Hospitals	157.8	162.5	165.2	1.5	1.0	1.7	5.3	4.6	4.7
Nursing and residential care facilities	156.6	161.6	163.4	1.4	0.7	1.1	6.1	4.6	4.3
Nursing care facilities(2)	156.0	161.6	163.1	1.2	0.9	0.9	6.4	4.8	4.6
Leisure and hospitality	169.3	173.0	174.7	1.8	0.3	1.0	5.9	4.0	3.2
Accommodation and food service	173.0	176.7	178.3	1.9	0.3	0.9	5.9	4.1	3.1
Other services, except public administration	159.7	164.3	168.2	2.2	0.6	2.4	4.7	5.1	5.3
Footnotes (1) Includes wages, salaries, and employer costs for employee benefits. (2) The index for this series is not strictly comparable with other series in this table. (3) Includes mining, construction, and manufacturing. (4) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration.
SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey

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Last Modified Date: April 30, 2024