Monday, November 30, 2009

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[IWS] BLS: THE EFFECT of INCENTIVE PAY on RATES OF CHANGE in WAGES & SALARIES [24 Novembeer 2009]

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
________________________________________________________________________

Bureau of Labor Statistics (BLS)

Compensation and Working Conditions

http://www.bls.gov/opub/cwc/

The Effect of Incentive Pay on Rates of Change in Wages and Salaries
by William J. Wiatrowski
Originally Posted: November 24, 2009
http://www.bls.gov/opub/cwc/cm20091120ch01.htm

or
http://www.bls.gov/opub/cwc/print/cm20091120ch01.htm

[excerpt]

# Incentive-paid workers are those who receive some portion of their earnings based on sales or output, rather than a unit of time such as an hourly rate or monthly salary. Examples of incentive-paid work include piece-rate systems found in manufacturing environments and commissions paid to certain sales workers. Because such workers represent a small proportion of total employment, it is difficult to track this volatile segment of the workforce. However, by comparing all workers with those who are not paid by incentive, some trends can be identified.

# In the private sector, annual increases for non-incentive-paid workers (also referred to here as time-based workers) have typically been estimated at between 0.2 and 0.6 percentage points more than annual increases for all workers.

# Scratch below the surface, however, and different patterns are identified for certain occupation and industry groups--especially those that have been affected by the recession.

AND MUCH MORE...including CHARTS & TABLES.....

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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
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