Look At What's Devouring Up All Your Wages

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		Tech Media Wall Street Markets Strategy Sports Tools Travel Politics Latest Video Friday, April 29, 2011 Look At What's Devouring Up All Your Wages Fresh labor compensation data was published today by the BLS. Total compensation jumped 0.6%, which was a bit better than expected. But your actual wages just grew 0.4%. A 1.1% surge in benefits costs, however, dwarfed take-home pay. (Bear in mind, that benefits are just 30% of total compensation, which is why both can grow). In the end, it's all the same to your employer, but it means less choice, and less spending ability to you, when benefits inflation (healthcare) continues to eat into your pay. And it's been like this for a long time. Here's benefits (blue) vs. wages (red) since 2001. Read » Also On Clusterstock Today: Andrew Lo: This Chart Is The Reason John Paulson's Performance Is Down This Year Irish Property Titan Sells His $29.5 Million Upper East Side Townhouse The High Roller's Guide To Omaha (When You're Not At The Berkshire Hathaway Shareholder Meeting) The Prosecution Is Freaking Out, As Raj Deliberation Goes Into Day 6 Advertisement CHART OF THE DAY: The Real Trend That Should Have Investors Worried CHART OF THE DAY: Gold LOVES Bernanke CHART OF THE DAY: And The Housing Double Dip Just Got Worse Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Clusterstock RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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