Employers spent more on employees' overall compensation from March to June this year, according to figures released today, but the pace at which they are hiking total compensation is slowing.
According to the latest Employer Costs for Employee Compensation report, released September 12 by the U.S. Bureau of Labor Statistics (BLS), employers spent just 0.59 percent more on wages and benefits in June 2023 compared to March 2023. READ MORE