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The National Compensation Survey (NCS) is produced by the United States Department of Labor's Bureau of Labor Statistics (BLS), measuring occupational earnings, compensation costs, benefit incidence rates, and plan provisions. It is used to adjust the federal wage schedule for all federal employees. Detailed occupational earnings are available ...
The most far reaching provisions of the Act were to change the way pay is set for the General Schedule and to maintain comparability by locality. It also called for establishment of the following special pay plans: Senior Level (SL) employees (non-supervisory and non-managerial employees classified above grade 15 of the General Schedule), administrative law judges (AL), members of the Boards ...
The General Schedule (GS) is the predominant pay scale within the United States civil service. The GS includes the majority of white collar personnel (professional, technical, administrative, and clerical) positions. As of September 2004, 71 percent of federal civilian employees were paid under the GS.
The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System. The BLS collects, processes, analyzes, and disseminates essential ...
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Employment cost index. A graph of the United States Employment Cost Index from 2001 to August 2018. The employment cost index (ECI) is a quarterly economic series detailing the changes in the costs of labor for businesses in the United States economy. The ECI is prepared by the Bureau of Labor Statistics (BLS), in the U.S. Department of Labor.
Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. Approximately 80% of the workforce is accounted for nonfarm payrolls [1] and it excludes farm workers, private household employees, actively serving military or non-profit organization employees. Approximately 131,000 businesses and ...
e. A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such as prizes and tip payouts. Wages are part of the expenses that are involved in running a business.