Salaries, Wages, & Employee Benefits

Employee Compensation is the term for all forms of pay to employees. The cost of hiring training and keeping employees is an important factor in employment decisions. There are a few important works that help employers make decisions in hiring and in contract negotiations.

1. National Compensation Survey - Compensation Cost Trends 
   
   This has the Employment Cost Index, how much it cost to replace an employee or hire a new employee. Information is available by industry, civilian, & government status.  Some tables are available in current or constant dollars, seasonally adjusted or not seasonally adjusted. Data is available back to 1975.
   
   
2. Human Resource Executive Workindex
   
   "workindex.com is the web site from Cornell University's School of Industrial Labor Relations and Human Resource Executive magazine. The index will prove invaluable to anyone looking for workplace information, including corporate HR professionals, top executives, line managers and job-seekers around the world. Those interested in human resources, labor relations, benefits, training, technology, staffing, recruiting, leadership, motivation, insurance, relocation, issues and more, will make use of this valuable tool. workindex.com is designed to provide a gateway to the best workplace-oriented web sites on the Internet." This site is included only because it encompasses so many of the different aspects of employees and compensation. It will be most useful to those who are used to the terminology of personnel and human resources. This tool combines a directory function and useful web site resources function. You need to read the descriptions carefully.
   
   
3. Where To Work & its How to Compare Companies
   
   This web site help find information on campanies so you can decide if you want to work for that company. "wheretowork lists the most 'progressive' large companies and what's on offer. These companies are trying to describe what it's like to work there, what's on offer and most importantly what's in it for you. Look how much effort they've put into this jobsite for you. Frankly, some large companies just can't be bothered putting the candidate first and they don't have as much to offer. Your choice!" The "how to Compare Companies" provides hard to find information on the Business (What they do), Culture (How they work), Diversity (Open-mindedness), Technology (How connected they are), and Giving back (Responsibility).
   
   
4. Measuring Green Jobs
   
   "The goal of the BLS green jobs initiative is to develop information on (1) the number of and trend over time in green jobs, (2) the industrial, occupational, and geographic distribution of the jobs, and (3) the wages of the workers in these jobs."
   
   
5. US Salary Calculator
   
   This site is useful for those hoping to move to another US city and for employers trying to decide what to pay for the same job in another city. This web calculator uses cost of living information, annual salary, and cities to figure out what you need to earn to make the same salary as where you said you lived now. Do read the notes about what information is NOT included in the calculations - TAXES! This is a commercial site for home buyers.
   
   
6. Canada Salary Wizard
   
   This is the Monster.ca web site salary calculator for Canada. You do need to convert from Canadian dollars to USD: http://www.oanda.com
   
   
   
7. International Salary Calculator
   
   Excludes US & Canada. This is useful for those considering an international job. Do pay attention to the currency used for the salary. You may need to convert that to USD. A Currency Converter web site is http://www.oanda.com.
   
   
8. Other compensation statistical sources online
   
   This list is maintained by the US Documents Depository at the University of Michigan.

 
10/01/2010