2015 Pay Projections
Look for the 2015 Pay Increase and Health Insurance Increase Projections on MSEC.org in September. As data are collected, we will keep this site up-to-date with the latest numbers. The 2014 Planning Packet containing the 2015 Pay Increase Projections for Arizona, Colorado, and Wyoming will be available in September.
2014 Paid Time Off – Arizona, Colorado, and Wyoming
Do you often find yourself wondering how many weeks of paid vacation an employee receives after one year of service? Or, how much sick time a non-exempt employee receives in a year? Well, MSEC’s biennial Paid Time Off Survey collects data related to vacation, sick, PTO plans, holiday, bereavement leave, FMLA, inclement weather and other paid time off policies. Help us produce a valuable resource your organization can use when benchmarking paid-time-off policies by participating in the 2014 edition of the survey. MSEC members have received an email with instructions for completing the online questionnaire for this survey. For individuals who prefer to complete a paper questionnaire, a hard copy is available on our website at MSEC.org under “Survey Questionnaires.” As always, it is the participation of our members that helps make MSEC surveys the number-one data source for the region!
Salary Survey Data: Making Sense of the Numbers
September 9, 2014 / 8:30-11:30 am
MSEC Denver Office
This free seminar presents the basics of wage and salary data. Topics include questionnaire mechanics, survey methodologies, and what to look for when using the MSEC surveys. This seminar is designed for individuals responsible for completing MSEC questionnaires and using survey data, especially those new to the responsibility.
2014 Colorado REA Compensation Survey
The 2014 Colorado Rural Electric Association Compensation Survey is now available. This survey provides wage and salary information in 22 Colorado Rural Electric Associations for 53 positions. Salary data are displayed by employment size. Also included are compensation costs as a percentage of operating revenue and total revenue, average entry-level hiring rates for inside and outside positions, and flexible work schedules.
Union Wage Increases Remain Unchanged
Union wage increases, collectively bargained through August 4, 2014, averaged 2.0 percent, the same as during the comparable period of 2013. The industry group with the greatest increase in first-year wage increases (lump sums not factored) from 2013 was manufacturing, which increased from 2.0 percent to 2.6 percent. State and local government had a slight increase from 1.6 percent in 2013 to 1.8 percent. The greatest decrease was in the construction industry dropping from 2.9 percent to 1.8 percent in 2014. The non-manufacturing (excluding construction) industry also had a slight decrease from 2.6 percent to 2 percent 3 percent. For first-year wage increases (lump sums factored), again the manufacturing industry had the greatest increase from 2.9 percent to 3.9 percent in 2014. These data are compiled by the Bureau of National Affairs (BNA).
By major industrial groups the average first year wage increases, year-to-date was: