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Average compensation in the West: $29.95 per hour

Nationally, employee costs among private industry employers in the United States averaged $28.10 an hour in 2009– with 70 percent of those costs coming from actual wages and nearly 30 percent for benefits, according to newly released information from the U.S. Bureau of Labor Statistics. In the West, wages and salaries averaged $21.28 and accounted… Continue Reading Average compensation in the West: $29.95 per hour

Tightening the belt on executive pay

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Half of U.S. companies will be freezing base salaries in 2009 – and a number of those will be Colorado-based. The results of a survey released this week by Grant Thornton LLP indicated that about 50 percent of U.S. companies will freeze base salaries in 2009, with another 15 percent planning to implement salary reduction… Continue Reading Tightening the belt on executive pay

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