Friday, March 2, 2012

Employee Salaries

The graph below was created by using Google’s graph tools.

The line graph shows the average hourly wage for construction (nonsupervisory and production) workers in the United States from 1993 ($13.92 per hour) to 2011 ($23.46 per hour). The average wage increased 3.8% (on average) each year.

The graph’s data was obtained from a Federal Reserve Bank of St. Louis’s website. Data at this website can be obtained by clicking here. This website also shows the average wages for several other business sectors, e.g. retail and service sectors.

Data in the graph and at the website should be useful to small companies in selecting and increasing wage rates for their employees.

Nonsupervisor Average Hourly Wage - Construction Industry Sector

No comments:

Post a Comment