World-Wide Hourly Compensation Comparison

The 2010 worldwide hourly compensation cost comparison is finally in. So we can see how the wages stack up between 34 different countries. Not surprisingly many European Countries have higher employment costs than the U.S. because of their massive social programs. This of course makes them less competitive in the world market. Surprisingly, in 2010 […]

Compensation Costs Up in September 0.3 Percent

The U.S. Bureau of Labor Statistics released the compensation costs for U. S. civilian workers on Friday October 28th. Wages and salaries are up 0.3% or roughly 1/3rd of 1% for the month.  This represents 70% of the total of the cost of maintaining employees. The remaining 30% of the cost comes from benefits and […]

Workers Compensation Costs for December 2010

January 28,2011 The Bureau of Labor Statistics released the data on compensation costs today. Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending December 2010. The majority of the increase came from an increase in benefits costs, i.e. primarily retirement costs. Benefits costs were up 2.9% compared to a 1.6% increase […]

Total Compensation Costs

Compensation costs for civilian workers increased 1.8 percent for the 12-month period ending June 2010.