N.E. employee compensation rises 4.7% in March

EMPLOYEE COMPENSATION COSTS per hour worked in New England increased 4.7 percent year over year in March to $41.98. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
EMPLOYEE COMPENSATION COSTS per hour worked in New England increased 4.7 percent year over year in March to $41.98. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
PROVIDENCE – Employer costs per hour worked in New England averaged $41.98 per employee in March, increasing 4.7 percent year over year from $40.10, according to the U.S. Bureau of Labor Statistics this week. Of the employer costs related to compensation in March 2018, $28.77 were attributed to wages and salaries, while $13.21 were attributable…
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