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Analysis: Wages and Benefits for Private and State Public Sector May 4, 2015.

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Presentation on theme: "Analysis: Wages and Benefits for Private and State Public Sector May 4, 2015."— Presentation transcript:

1 Analysis: Wages and Benefits for Private and State Public Sector May 4, 2015

2 Industry Wages Trail State Wages

3 Industry Benefits Trail State Benefits

4 Combined, Private Industry Employees Earn $25,000 LESS than their State Counterparts

5 Private Industry Employees Earn 41% per year LESS than their State Counterparts

6 Sources Private Industry Salary & Benefits Data: Employee Benefits Research Institute (EBRI) which is a data set maintained by the US Dept. of Labor (DOL) and the Bureau of Labor Statistics (BLS) –Most current data is from 2013 State Salary & Benefits Data: Statistics taken from 2015 State Government Workforce Statistics (Benefit costs per employee - Historical average per employee state paid benefit costs) –Most current data is form 2013-2014 As a Non-profit trade association representing the interests of smaller businesses and manufacturers in Pennsylvania, SMC Business Councils advocacy positions represent the interests of the 98% of businesses defined by the SBA as “small business.”

7 For additional information, contact SMC: Eileen Anderson, Director Government Relations SMC Business Councils eileenanderson@smc.org 412.342.1606 www.smc.org eileenanderson@smc.org www.smc.org


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