Tag: Earnings

Employment and Wage & Hour Statistics Focus: Current Population Survey

The Current Population Survey (CPS) is a monthly survey of approximately 50,000 households conducted by the Bureau of Labor Statistics (BLS) and the U.S. Census Bureau. The CPS collects a vast amount of data and is an excellent resource for information on labor-force characteristics.

The basic monthly CPS provides general demographic information as well as employment status, industry, and occupation. The monthly survey is often used to examine unemployment rates and the duration of unemployment. The BLS publishes tables reporting the unemployment rate and the average and median duration of unemployment by gender and age, race, or marital status. These tables are generally referenced in wrongful termination cases to show the expected length of time it will take the plaintiff to find a new job.

In addition to the basic monthly survey, the CPS includes monthly supplements. These supplements include displaced workers, job tenure, and mobility, and a demographic supplement (often referred to as the March supplement), just to name a few.

The job tenure supplement can be used to estimate the amount of time an individual would have likely remained at a job if the termination had not occurred. The demographic supplement is often used to determine average and median wages for particular education levels. Additionally, regression analysis can be used to estimate lifecycle earnings for individuals based on their age or years of experience, education, and other pertinent demographic factors.

For more information, please go to www.bls.gov/cps/

FLSA OT report for individuals working in grounds maintenance occupations

In this post, we look at the weekly overtime (OT) hours typically worked by those who work in grounds maintenance occupations.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Occupational Group Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Grounds Maintenance Workers 15.85% 11.2 hours 53.5 hours

U.S. BLS data inddicates that approximately 15.85% of grounds maintenance workers work overtime hours in a given week.  On average, these workers that have FLSA overtime work approximately 11.2 hours a week in OT. The average regular or straight time pay rate of theise workers in the U.S. is approximately 11.90 an hour.  The average FLSA OT rate, not including supplemental pay such as non-discretionary bonus pay is 16.35 an hour.

Source: BLS (CPS March)

FLSA OT report for individuals working in truck transportation occupations

In this post, we look at the weekly overtime (OT) hours typically worked by those who work in Truck Transportation.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Occupational Group Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Truck Transportation 47.28% 15 hours 60 hours

Source: BLS (CPS March)

FLSA OT report for Waste Management and Remediation Services

In this post, we look at the weekly overtime (OT) hours typically worked by those who work in Waste Management and Remediation Services.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Job Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Waste Management and Remediation Services 30.57% 12 hours 56 hours

Source: BLS (CPS March)

Earnings report for Mathematics jobs

stem

In this post, we look at some average earnings typical for particular occupations in the math field. The tabulation below is based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing.

Mathematics STEM Salaries

Job Title Average Salary
Actuaries  $     111,742.30
Computer and Information Research Scientists  $        95,027.50
Sales Engineers  $        92,428.57
Operations research analysts  $        82,702.66
Insurance Underwriters  $        81,976.74

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/

FLSA OT report for Fruit and Vegetable Preserving and Specialty Food Manufacturing

In this post, we look at the weekly overtime (OT) hours typically worked by those who are in Fruit and Vegetable Preserving and Specialty Food Manufacturing.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Job Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Fruit and Vegetable Preserving and Specialty Food Manufacturing 28.57% 10.67 hours 55 hours

Source: BLS (CPS March)

FLSA OT report for Plastics Product Manufacturing

In this post, we look at the weekly overtime (OT) hours typically worked by those who are in Plastics Product Manufacturing.

Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.

The tabulations below are based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.

Job Title Percent of OT Workers Average Hours of OT 1 out of every 4 (25%) OT workers works at least:
Plastics Product Manufacturing 27.72% 9.32 hours 53.5 hours

Source: BLS (CPS March)

Earnings report for Engineering jobs

stem

In this post, we look at some average earnings typical for particular occupations in the engineering field. The tabulation below is based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing.

Engineering STEM Salaries

Job Title Average Salary
Computer Hardware Engineers  $     100,035.90
Aerospace Engineers  $        94,492.37
Chemical engineers  $        93,862.07
Electrical and electronic engineers  $        90,567.73
Civil Engineers  $        88,076.48

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/

Earnings report for Technology jobs

stem

In this post, we look at some average earnings typical for particular occupations in the technology field. The tabulation below is based on U.S. BLS survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing.

Technology STEM Salaries

Job Title Average Salary
Software Developers, Applications and Systems Software  $        93,227.46
Computer Systems Analysts  $        83,334.38
Computer Programmers  $        82,647.55
Computer Occupations, All Other  $        65,948.52
Computer support Specialists  $        58,163.96

Source: BLS

Image source: http://fairmountinc.com/help-wanted-1-2-million-good-paying-jobs-available/

Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/

Beginning stages of expanding econometric model of worklife expectancy by Millimet, D. Nieswiadomy, M. & Slottje, D.

Worklife expectancy is one of the most significant variables employed by economists to calculate the monetary award in cases involving wrongful death or personal injury. We are in the progress of updating the econometric model of worklife expectancy of Millimet et al.

In the coming days and weeks we will be reporting on our progress and providing output tables as we produce them.

Some woklife expectancy references:

Flinn C.J. & Heckman J.J. (1982) “New Methods for Analyzing Structural Models of Labor Force Dynamics” Advances in Econometrics.

Millimet, D., Nieswiadomy, M., Ryu, H. & Slottje, D. (2003). “Estimating worklife expectancy: an econometric  approach.”  Journal of Econometrics.

Millimet, D. Nieswiadomy, M. & Slottje, D. (2010). “Detailed Estimation of Worklife Expectancy for the Measurement of Human Capital: Accounting for Marriage and Family.” Journal of Economic Surveys.

Nelson, D. (1983). “The use of worklife tables in estimates of lost earning capacity.” Monthly Labor Review.

Nieswiadomy, M., and Silberberg, E. (1988). “Calculating Changes in Worklife Expectancies and Lost Earnings in Personal Injury Cases.” The Journal of Risk and Insurance.  

Skoog, G. R. and Ciecka, J.E. (2001). “The Markov (Increment-Decrement) Model of Labor Force Activity: New Results beyond Work-Life Expectancies.” Journal of Legal Economics.