3. Salary/COLA recommendation
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3. Salary/COLA recommendation
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<br />2 E "" h ,. bit C <br /> <br />Wages and sal~ries for civilian 'Yorkers increased 0.6 percent during the March 2005 quarter, virtually <br />unchanged from a gaIn of 0.5 percent In December 2004. Wages and salaries for private industry workers rose <br />0.6 p.erc~nt for the March quarter, compared with a 0.4 percent ~ain during the prior period. Wages and <br />salanes In State and local government advanced 0.8 percent dunng the December 2004 to March 2005 period, <br />following an increase of 0.6 percent change in the previous quarter. <br /> <br />Table A. 3-month percent changes in Employment Cost Index, seasonally adjusted <br /> June Sep. Dec. Mar. June Sep. Dec. Mar. <br />Compensation Component 2003 2003 2003 2004 2004 2004 2004 2005 <br />Civilian workers <br />Compensation costs 0.9 1.0 0.8 1.1 0.9 0.9 0.8 0.7 <br />Wages and salaries 0.6 0.7 0.5 0.6 0.6 0.7 0.5 0.6 <br />Benefit costs 1.3 1.7 1.5 2.2 1.6 1.4 1.6 1.2 <br />Private industry <br />Compensation costs 0.8 1.1 0.8 1.1 0.9 1.0 0.8 0.6 <br />Wages and salaries 0.6 0.8 0.6 0.6 0.6 0.7 0.4 0.6 <br />Benefit costs 1.3 1.7 1.5 2.2 1.7 1.3 1.6 1.1 <br />State and local government <br />Compensation costs 0.9 0.8 0.7 0.9 0.9 0.8 0.9 1.0 <br />Wages and salaries 0.6 0.3 0.5 0.6 0.5 0.4 0.6 0.8 <br />Benefit costs 1.3 1.9 1.3 1.6 1.8 1.6 1.5 1.5 <br />Over-the-vear changes, not seasonally adiusted <br /> <br />Annual compensation costs for civilian workers increased 3.5 percent for the year ended March 2005, <br />compared with a 3.8 percent over-the-year increase for March 2004. Compensation costs in private industry <br />rose 3.4 percent in the year ended March 2005, compared with a 3.9 percent increase in March 2004. <br />Compensation costs increased 3.6 percent for State and local governments for the year ended March 2005, <br />compared with an over-the-year gain of3.3 percent in March 2004. (See tables B, 2, and 3.) <br /> <br />The components of compensation showed differences in the rate of change. While increases in wages <br />and salaries continued at a moderate pace, benefit costs continued to rise more rapidly. For civilian workers, <br />wages and salaries rose 2.4 percent in the year ended March 2005, nearly identical with a gain of 2.5 percent in <br />March 2004. Wages and salaries for private industry workers also rose 2.4 percent for the 12 months ended in <br />March 2005, compared with an increase of2.6 percent in March 2004. Benefit costs gained 5.9 percent for <br />civilian workers for the period ended March 2005, compared with an increase of 6.9 percent for the year ended <br />March 2004. (See tables B, 5, 6, and 8.) <br /> <br />Table B. 12-month percent changes in Employment Cost Index, not seasonally adiusted .t <br /> Mar. Mar. Mar. Mar. Mar. Mar. <br />Compensation Component 2000 2001 2002 2003 2004 2005 <br />Civilian workers <br />Compensation costs 4.3 4.1 3.9 3.9 3.8 3.5 <br />Wages and salaries 4.0 3.8 3.5 2.9 2.5 2.4 <br />Benefit costs 5.0 4.7 4.9 6.1 6.9 5.9 <br />Private industry <br />Compensation costs 4.6 4.2 3.9 3.8 3.9 3.4 <br />Wages and salaries 4.2 3.8 3.5 3.0 2.6 2.4 <br />Benefit costs 5.5 5.0 4.8 6.1 7.0 5.8 <br />State and local government <br />Compensation costs 3.6 3.3 3.9 4.2 3.3 3.6 <br />Wages and salaries 3.8 3.5 3.4 3.1 2.1 2.3 <br />Benefit costs 3.2 2.8 5.0 6.6 6.2 6.6 <br />
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