Estimate of manufacturing wage and compensation premium, 1980s–2010s
| Manufacturing premium | Outsourcing impact on manufacturing compensation | ||||
|---|---|---|---|---|---|
| Period | Wage | Compensation | Household survey data | Employer survey data | Adjusted manufacturing compensation premium |
| 1980s | 14.7% | 17.3% | -0.4% | -0.8% | 16.9% |
| 1990s | 11.9% | 15.0% | -0.9% | -1.8% | 14.1% |
| 2000s | 9.4% | 13.5% | -1.5% | -2.9% | 12.0% |
| 2010s | 10.4% | 15.0% | -2.0% | -4.0% | 13.0% |
| Percentage-point change | |||||
| 1980s–2010s | -4.3% | -2.3% | -1.6% | -3.2% | -3.9% |
Notes: The manufacturing wage and compensations premiums are for workers age 18–64 and show how much more a manufacturing worker earns in hourly wages, and in hourly wages and benefits, than comparable nonmanufacturing workers in the private sector.
Source: The manufacturing wage premium is from Table 3. The manufacturing compensation premium adjusts wages according to the compensation markup in Table 4. The adjusted manufacturing premium adjusts the manufacturing compensation premium for the rise in staffing service employment in manufacturing using the impact estimated for the household survey (data column 4).
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