• U.S. Wages & Salaries — July 2015

Wages and salaries increased $35.8 billion in July, compared with an increase of $14.3 billion in June. Private wages and salaries increased $32.7 billion, compared with an increase of $11.0 billion. Government wages and salaries increased $3.1 billion, compared with an increase of $3.3 billion.

Supplements to wages and salaries increased $6.0 billion in July, compared with an increase of $4.6 billion in June.

Please visit this link to read the full report: USDOC-BEA

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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• Employer Costs For Employee Compensation – June 2014

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Private industry employers spent an average of $30.11 per hour worked for employee compensation in June 2014. Wages and salaries averaged $21.02 per hour worked and accounted for 69.8 percent of these costs, while benefits averaged $9.09 and accounted for the remaining 30.2 percent. Total compensation costs for state and local government workers averaged $43.07 per hour worked in June 2014. Total compensation costs for civilian workers, which include private industry and state and local government workers, averaged $31.96 per hour worked in June 2014. See the complete report at this link: USDOL-BLS

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