WORKFORCE

Compensation costs rise 0.4 percent in New England

COURTESY THE U.S. BUREAU OF LABOR STATISTICS
COMPENSATION COSTS for civilian workers in New England rose 0.4 percent, seasonally adjusted for the 3 months ended June 30, the U.S. Bureau of Labor Statistic reported Tuesday. For a larger version of this image, click HERE.
Posted 7/31/12

WASHINGTON – Compensation costs for civilian workers in New England rose 0.4 percent, seasonally adjusted for the 3 months ended June 30, the U.S. Bureau of Labor Statistic reported Tuesday.

Wages and salaries make up roughly 70 percent of compensation costs and benefits make up the remaining 30 percent.

Year over year, compensation costs for civilian workers in New England rose 1.2 percent from an index of 116 to an index of 117.4, for which an index of 100 is equal to figures from December 2005.

Compensation costs for private-industry workers increased 0.5 percent in the three months ended June 30 and 1.1 percent from an index of 115.9 to an index of 117.2 during the 12 months ended June 30.

Across the county, compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3 months ended June 30 and 1.7 percent for the 12 months ended June 30.

Compensation costs for private industry workers across the U.S. increased 0.5 percent during the three months ended June 30 and 1.8 percent year over year.

Nationwide, compensation costs for state and local government workers increased 0.5 percent during the three months ended June 30 and 1.6 percent for the year. The BLS did not provide regional data for state and local government worker compensation costs.

The BLS also noted that total compensation costs for private-industry workers in New England stood at an index level of 117.1 at the end of June, 0.7 percent higher than the national average.

Calendar
PBN Hosted
Events

Applications are now being accepted for the 14th Annual Business Excellence Awards Program. Deadline to apply is October 1st. And save the date for the Awards Dinner - November 12th at the Providence Marriott.
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement