• Private Industry Workers: Compensation costs for private industry workers increased 1.9 percent over the year, slowing from the previous year’s increase of 2.3 percent. Wages and salaries increased 2.1 percent for the current 12- month period. The increase for the 12-month period ending in September 2014 was 2.3 percent. The increase in the cost of benefits was 1.4 percent for the 12-month period ending in September 2015, lower than a year earlier when the increase was 2.3 percent.
• State and Local Government Workers: Compensation costs for state and local government workers increased 2.3 percent for the 12-month period ending in September 2015. In September 2014, the increase was 2.1 percent. Wages and salaries increased 1.8 percent for the 12-month period ending in September 2015, and a year earlier the increase was 1.6 percent. Benefit costs increased 3.0 percent in September 2015, unchanged from the 12-month period ending in September 2014.
Please visit this link to read the full report: USDOL-BLS
NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.
© 2015 Connecticut Human Resource Reports, LLC
URL: http://connecticuthumanresources.blogspot.com/
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