Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

Download Now!

This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

Download Now!
April 28, 2006
Compensation Costs Increase at Slightly Slower Pace

Compensation costs for the private sector rose 0.6 percent from December 2005 to March 2006, after increasing 0.7 percent in the prior quarter, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

For state and local government workers, compensation costs increased 0.5 percent from December to March, slowing from the increase of 1.1 percent for the quarter ended in December.

Private industry workers wages and salaries increased 0.7 percent during the March 2006 quarter, compared with a 0.6 percent gain in the previous quarter. Wages and salaries in state and local government advanced 0.4 percent during the December to March period, moderating from the 1.0 percent increase in the prior quarter.

Private sector benefit costs rose 0.4 percent for the March quarter, following a 0.7 percent gain in the previous quarter. Benefit costs for state and local government workers increased 0.7 percent in the March quarter, moderating from the 1.5 percent gain in the December quarter.

Featured Special Report:
Top 100 FLSA Overtime Q&As
Twitter  Facebook  Linked In
Follow Us
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: