Employer Costs for Employee Compensation

EMPLOYER COSTS FOR EMPLOYEE COMPENSATION-MARCH 2006

Employer costs for employee compensation averaged $26.86 per hour worked in
March 2006, the U.S. Department of Labor’s Bureau of Labor Statistics reported today.
Wages and salaries, which averaged $18.82, accounted for 70.1 percent of these costs, while benefits, which averaged $8.04, accounted for the remaining 29.9 percent. Employer Costs for Employee Compensation, based on the National Compensation Survey, measures employer costs for wages, salaries, and employee benefits for nonfarm private and state and local government workers.

Costs for legally required benefits, including Social Security, Medicare, unemployment insurance, and workers’ compensation, averaged $2.16 per hour (8.0 percent of total compensation). Employer costs for life, health, and disability insurance benefits averaged $2.18 (8.1 percent); paid leave benefits (vacations, holidays, sick leave, and other leave) averaged $1.88 (7.0 percent); and retirement and savings benefits averaged $1.15 (4.3 percent) per hour worked.

http://www.bls.gov/ncs/ect/home.htm

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Rate Yourself as a Job Applicant

When you begin searching for a job, you need to take stock of your abilities as well as your weaknesses. Yes, it would be nice to simply focus on the things we do well. In truth, however, employers are as interested in what you can’t do as they are in what you can do. If you are prepared to address both possibilities, you will be better off than your competitors.

What are some of the areas that you need to be aware of? Well, think about your last performance evaluation (or if you have not had one, imagine what prospective employers are most likely to be interested in).

Employers want employees who will do many things in addition to the specific tasks of the position for which they are hired. Are you a problem solver? Do you accept criticism well? Will you respect those in authority?

Read the checklist below and see how you rate yourself.


Can you perform the responsibilities of the job?
Do you get along well with others?
Are you willing to go the extra mile to see a job to its completion?
How easily do you accept change?
Do you make decisions after weighing all the alternatives?
Are you trustworthy?
Can you work well without supervision?
Do you listen to/accept criticism?
Can you relate well to all levels of management?
Do you strive to be your best?

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Resume Action Words

Writing a resume does not have to be difficult, especially when you include some of these resume action verbs. They get the prospective employer's attention. They add dimension to your qualifications. They strengthen and enhance your accomplishments. Use them to add pizzazz to your resume.

Resume action verbs make your resume more professional. Here are more than 350 resume action verbs to show prospective employers just how capable and qualified you are.

Resume Action Verbs List:

Accelerated, Accomplished, Achieved, Acquired, Acted, Activated, Adapted, Addressed, Adjusted, Administered, Advanced, Advertised, Advised, Advocated, Aided, Allocated, Analyzed, Answered, Anticipated, Applied, Appraised, Approved, Arbitrated, Arranged, Ascertained, Aspired, Assembled, Assessed, Assigned, Assisted, Attained, Audited, Authored, Automated, Awarded, Balanced, Boosted, Briefed, Budgeted, Built, Calculated, Catalogued, Centralized, Changed, Chaired, Charted, Checked, Clarified, Classified, Coached, Collaborated, Collected, Combined, Commanded, Communicated, Compared, Compiled, Completed, Composed, Computed, Conceptualized, Condensed, Conducted, Conferred, Conserved, Consolidated, Constructed, Consulted, Contacted, Contained, Contracted, Contributed, Controlled, Converted, Coordinated, Correlated, Corresponded, Counseled, Created, Critiqued, Cultivated, Customized, Decided, Decreased, Defined, Delegated, Delivered, Demonstrated, Designated, Designed, Detected, Determined, Developed, Devised, Diagnosed, Directed, Discovered, Dispatched, Dispensed, Displayed, Dissected, Distinguished, Distributed, Documented, Doubled, Drafted, Earned, Edited, Educated, Eliminated, Emphasized, Employed, Enabled, Enacted, Encouraged, Enforced, Engineered, Enhanced, Enlarged, Enlisted, Ensured, Entertained, Established, Estimated, Evaluated, Examined, Executed, Expanded, Expedited, Experimented, Explained, Explored, Expressed, Extended, Extracted, Fabricated, Facilitated, Familiarized, Fashioned, Finalized, Fixed, Focused, Forecasted, Formed, Formulated, Fostered, Found, Founded, Fulfilled, Furnished, Gained, Gathered, Generated, Guided, Handled, Headed, Helped, Hired, Hypothesized, Identified, Illustrated, Imagined, Implemented, Improved, Improvised, Incorporated, Increased, Indexed, Indoctrinated, Influenced, Informed, Initiated, Innovated, Inspected, Inspired, Installed, Instituted, Instructed, Insured, Integrated, Interpreted, Interviewed, Introduced, Invented, Investigated, Inventoried, Issued, Joined, Judged, Justified, Launched, Learned, Lectured, Led, Located, Logged, Maintained, Managed, Marketed, Maximized, Measured, Mediated, Merged, Minimized, Mobilized, Moderated, Modified, Monitored, Motivated, Navigated, Negotiated, Netted, Observed, Obtained, Opened, Operated, Ordered, Orchestrated, Organized, Originated, Outlined, Overhauled, Oversaw, Participated, Performed, Persuaded, Photographed, Pinpointed, Piloted, Pioneered, Placed, Planned, Predicted, Prepared, Presented, Presided, Prevented, Printed, Prioritized, Processed, Produced, Programmed, Projected, Promoted, Proofread, Proposed, Protected, Proved, Provided, Publicized, Published, Purchased, Qualified, Queried, Raised, Ran, Rated, Reached, Realized, Reasoned, Received, Recommended, Reconciled, Recorded, Recruited, Reduced, Regulated, Rehabilitated, Related, Remodeled, Rendered, Repaired, Replaced, Reported, Represented, Researched, Resolved, Responded, Restored, Restructured, Retrieved, Reversed, Reviewed, Revised, Revitalized, Routed, Saved, Scheduled, Screened, Searched, Secured, Selected, Separated, Served, Shaped, Shared, Simplified, Simulated, Sketched, Sold, Solved, Sorted, Spearheaded, Specialized, Sponsored, Staffed, Standardized, Started, Stimulated, Stored, Streamlined, Strengthened, Structured, Studied, Summarized, Supervised, Supplied, Supplemented, Supported, Surpassed, Surveyed, Tabulated,, Targeted, Taught, Terminated, Tested, Tightened, Totaled, Tracked, Traded, Trained, Transcribed, Transferred, Transformed, Translated, Transmitted, Traveled, Treated, Trimmed, Tutored, Typed, Uncovered, Undertook, Unified, United, Updated, Upgraded, Used, Utilized, Validated, Verified, Vitalized, Volunteered, Weighed, Widened, Won, Worked, Wrote

When you write your resume, use these resume action words to add depth and meaning to your qualifications and accomplishments. Employers want to see action and these action words will give your resume the boost it needs to get the attention it deserves.

For more information about Resume action words, follow this link:
The Importance of Keywords

Action Keywords

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Networking - Your Job Search Success Story

Of the dozen or so ways to find a job, which ones do you think are the most successful?

Would you be surprised to learn that the ways most people use to find their jobs are actually the least effective? The reason is because they are relying on the old standards: classified ads, job fairs and mailing resumes to employers. While those methods typically result in 5-7% of job candidates finding work, for the rest of the population, something else is going to be required.

In order to find a good job, you have to put forth effort. One of the most efficient ways to find meaningful work is to network with people you know (friends, family, neighbors and former co-workers). Networking involves sustaining positive relationships with a variety of people. It takes time and effort, but often pays off when employment situations arise. Sometimes, you have to go outside your sphere of influence and meet other people in order to find the job you are looking for.

For more information on this topic, go to:

Networking with an Advantage


Networking Your Way to a Great Job

Networking at the Job

Target Your Resume

According to distinctiveweb.com, "A targeted resume is used to focus your resume toward a specific career objective, performed in a specific industry, and for a specific company. The content of a targeted resume is written to highlight the skills, qualifications, and experience that match the requirements of your job target."

Targeting your resume to a specific job is vital in today's competitive job market. Your competitors are doing it, so you must do it - and do it better than they do.

Use Resume Action words to give your resume a boost. You have to get an employer's attention and using the kind of words that show action, responsibility and accomplishments are the way to do that. You don't get very long to make that first impression, so you have to make it fast.

One thing that you cannot do in trying to get an employer's attention is to use any form or style that is not tried and true. It's a tough line to walk between wanting to get an employer's attention yet not standing out so much that you are ostracized.

When you focus your resume and cover letter, you have the best chance of creating the kind of favorable impression that will keep your resume in the "keep" pile.

Here are a few additional links that may be of further assistance:

Resume Examples

Resume Formats