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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Do you have to fill out BLS survey?

Nearly all of our surveys are voluntary, which means the individuals, households, and organizations selected for our survey samples can choose whether to participate.

Is cost of labor going up?

Employer labor expenses also include benefits. ing to AON, average costs for employers in the U.S. will increase 6.5 percent to more than $13,800 per employee in 2023. This is a huge jump from 2022 when the costs rose 3.7% from 2021.

Is BLS a reliable source?

The U.S. Bureau of Labor Statistics collects, analyzes, and publishes reliable information on many aspects of our economy and society.

How do I find out how much I should be getting paid?

Here are a few ways to figure out how much you should be paid. Check local job listings. See if HR is required to tell you. Research online salary databases. Talk to your colleagues. Tap your extended network. Ask your future co-workers.

How does BLS get its data?

The Bureau of Labor Statistics (BLS) obtains Consumer Expenditure Surveys (CE) Interview Survey and Diary Survey data by interviewing respondents about their expenditures, income, and characteristics. The U.S. Census Bureau selects the samples of household addresses and collects the data under contract with BLS.

How is the employment cost index calculated?

The ECI is computed from compensation cost data collected from a sample of jobs within sampled business establishments and government opera- tions.

Which salary website is most accurate?

The best salary research sites are Glassdoor, SalaryExpert, Salary.com, Indeed, and the Bureau of Labor Statistics (BLS).

What is the US Employment Cost Index?

The Employment Cost Index is a BLS survey of employer payrolls conducted that measures the change in total employee compensation each quarter. It is used by a wide variety of stakeholderseconomists, investors, employersto track the state of the economy or set payscales for their employees.

Is BLS data free?

You are free to use our public domain material without specific permission, although we do ask that you cite the Bureau of Labor Statistics as the source.

What is the employment cost index for 2022?

Wages and salaries increased 4.4 percent for the 12-month period ending in September 2022 and 2.4 percent a year ago. Benefit costs increased 5.0 percent for the 12-month period ending in September 2022. The prior year increase was 2.1 percent.

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Learn how to Index Salary Release For Free in a few simple steps

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