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As reported in last week's iBrief Blog (read part 1 here), the lodging industry experienced across the board wage increases for both hourly and salaried employees this year. Overall, wage and salary increases were reported as 2.6% for 2012, which was almost double last year's increase of 1.4%, as reported by WageWatch in its PeerMark™ Wage Survey of over 5,000 hotels nationwide. Last week, the iBrief Blog focused on hourly increases. This week in the Blog, we will review wage increases for salaried employees.

 

Managers in key front of the house and back of the house positions received salary increases in excess of the average wage increase of 2.6% reported in last week's iBrief Blog. The largest salary increase went to Chief Engineers, who on average received a 17.6% pay increase in 2012. This trend is a continuation of what WageWatch reported last week where maintenance technicians I and II received on average 5.5% hourly wage increases. Pay for experienced technical positions continue to lead the way. (WageWatch)  Read the complete article 

 

Top Stories: Benefits & Wages
More than half (55%) of U.S. employees default to their current benefit coverage for the coming year, instead of actively reassessing their plan options, according to a 2012 survey by HR consultancy Aon Hewitt. Healthcare costs are expected to rise 6.3% in 2013 to $11,188 per employee, compared to $10,522 in 2012. (Home Channel News)  Read the complete article
The Arizona Industrial Commission decided on Oct. 17 to increase the minimum wage from $7.65 to $7.80 an hour beginning Jan. 1, 2013. The 15 cent increase would raise the pay of a 40-hour employee from $306 to $312 a week. (Daily Courier) Read the complete article
36 percent of Washington local firms plan to increase their staff in 2013, down from 44 percent that said the same last year due to the uncertainty of fiscal cliff. Employers project that the raises will account for 3.2 percent of their total payroll budget, the same level reported for 2012 and 2011. (The Washington Post)  Read the complete article
Top Stories: Lodging & Gaming
U.S. Lodging Executives Positive About Business Conditions
U.S. lodging executives are more positive about present general business conditions, although they are less optimistic about the next 12 months, according to the University of New Hampshire Lodging Executives Sentiment Index (LESI) for September. The index rose very slightly to 60.7 in September 2012 from 60.0 in August 2012. (Lodging Magazine) Read the complete article
Top Stories: Healthcare
6 Physician Specialties With Median Compensation Decreases in 2011
Out of 18 major physician specialties in 2011, cardiologists experienced the largest decrease in median compensation, according to a survey from The Medicus Firm. There are 6 specialists' positions that experienced a drop in compensation.
(Beckers Hospital Review) Read the complete article
San Jose Leads the Nation in Health Care Worker Pay
According to On Numbers, there were 5,336 healthcare or social services employers in the San Jose-Sunnyvale-Santa Clara metro area in 2010 that employed 89,996 people. Health care employees in the San Jose area make an average salary of $61,600 a year, the highest in the nation.
(Biz Journal) Read the complete article
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