National Association of State Retirement Administrators

Compensation
Latest Update (Q2 2013)
Monday, September 9, 2013
by: Alex Brown
Section: Compensation
Print Send
Share




NASRA reports on trends in private sector and state & local government employee costs of compensation and benefits. The Employment Cost Index (ECI) measures the change in the cost of labor through compensation (including wages and salaries and benefits) and is produced by the U.S. Bureau of Labor Statistics on a quarterly basis.

The second quarter of 2013 marked the 16th straight quarter of annualized growth below 2.0 percent in the cost of government employee wages and salaries, and the 17th such quarter for private sector employee wages according to data released by the Bureau of Labor Statistics.

The cost of state and local government employee benefits grew by 3.3 percent in the second quarter of 2013. Comparatively, the cost of private sector employee benefits grew by 1.9 percent over the same time period. Data on the cost of public and private employee wages and salary and benefits is prepared by the BLS and released quarterly.
State Government Employment and Pay Data

Governing has compiled 2010 and 2011 state government employment and pay data which is offered in an online database.

Post a Comment

Name
Email
Comment