Friday, June 27, 2008
Tweet[IWS] EBRI: BENEFIT COST COMPARISONS BETWEEN PUBLIC & PRIVATE SECTOR EMPLOYEES [17 June 2008]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
EBRI NOTES
June 2008, Vol. 29, No. 6
Benefit Cost Comparisons Between State and Local Governments and Private-Sector Employers [17 June 2008]
http://www.ebri.org/pdf/EBRI_Notes_06-2008.pdf
[full-text, 12 pages]
Press Release 17 June 2008
New Research from EBRI:
Compensation Costs 51 Percent Higher for State-Local Employers Than for Employers in Private Sector, Study Reports [17 June 2008]
Composition of Two Work Forces Has Major Impact on Pay and Benefits
http://www.ebri.org/pdf/PR_805_17June08.pdf
WASHINGTON.Total compensation costs for workers were 51.4 percent higher among state
and local government employers than among private-sector employers in September 2007, a
reflection of the different composition of the two work forces, according to a study published
today by the nonpartisan Employee Benefit Research Institute (EBRI).
Total compensation costs consist of two major categories: wages and salaries, and employee
benefits. For both of these categories, state and local government employers' costs were higher
than those of private-sector employers: 42.6 percent higher for wages and salaries, and 72.8 percent
higher for employee benefits, the study said, based on the latest available data.
As of September 2007, the total compensation costs among state and local government
employers were $39.50 per hour worked, compared with $26.09 among private-sector
employers. The study is published in the June EBRI Notes, available at www.ebri.org.
AND MORE...
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
EBRI NOTES
June 2008, Vol. 29, No. 6
Benefit Cost Comparisons Between State and Local Governments and Private-Sector Employers [17 June 2008]
http://www.ebri.org/pdf/EBRI_Notes_06-2008.pdf
[full-text, 12 pages]
Press Release 17 June 2008
New Research from EBRI:
Compensation Costs 51 Percent Higher for State-Local Employers Than for Employers in Private Sector, Study Reports [17 June 2008]
Composition of Two Work Forces Has Major Impact on Pay and Benefits
http://www.ebri.org/pdf/PR_805_17June08.pdf
WASHINGTON.Total compensation costs for workers were 51.4 percent higher among state
and local government employers than among private-sector employers in September 2007, a
reflection of the different composition of the two work forces, according to a study published
today by the nonpartisan Employee Benefit Research Institute (EBRI).
Total compensation costs consist of two major categories: wages and salaries, and employee
benefits. For both of these categories, state and local government employers' costs were higher
than those of private-sector employers: 42.6 percent higher for wages and salaries, and 72.8 percent
higher for employee benefits, the study said, based on the latest available data.
As of September 2007, the total compensation costs among state and local government
employers were $39.50 per hour worked, compared with $26.09 among private-sector
employers. The study is published in the June EBRI Notes, available at www.ebri.org.
AND MORE...
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 2:09 PM
