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WAGES AND BENEFITS: FIRST-QUARTER 1993

 WASHINGTON, April 16 /PRNewswire/ -- The all-industries median first-year wage increase in first-quarter 1993 was 3.2 percent, compared with 3.8 percent in first-quarter 1992. Second- and third-year median increases were 3.1 percent and 3 percent in first-quarter 1993, compared with 3.2 percent in the second year and 3 percent in the third year in first-quarter 1992 contracts.
 On a cents-per-hour basis, the all-industries median was 38.8 cents in first-quarter 1993, compared with 38.4 cents in first-quarter 1992. Second- and third-year medians were 40 cents and 41.3 cents, compared with 37 cents and 36.1 cents last year.
 First-year raises appeared mainly in the 2 percent to 4 percent range (52 percent of contacts reported) or did not provide for a first-year increase (19 percent).
 The manufacturing first-year median bargained in first-quarter 1993 was 3 percent compared with 3.1 percent in the first three months of 1992. The first-quarter 1993 non-manufacturing (excluding construction) median was 3.4 percent, down from 4.1 percent reported for first-quarter 1992.
 Lump-sum payment provisions were found in 11 percent of contracts. The all-industries first-year increase with lump-sum factoring was 3.5 percent, or 40.3 cents an hour, in first quarter 1993, compared with 3.9 percent, or 45 cents, in first-quarter 1992.
 Employee benefit changes were detailed in 146, or 77 percent, of settlements reported January through March 1993. Most often mentioned was insurance -- 82 percent of contracts.
 The analysis is based on 189 collective bargaining agreements covering more than 234,000 workers reported in the Table of Current Contract Settlements during the first three months of 1993 in "Collective Bargaining Negotiations and Contracts," a specialized information service published in Washington by the Bureau of National Affaris, Inc. Not included in tabulations of medians were wage increases of unspecified amounts and cost-of-living adjustments. Public sector settlements also were excluded. Settlements were weighted equally and covered at least 50 workers.
 Measures to control health care costs were called for in 45 settlements in first-quarter this year, and establishment of or revisions to comprehensive medical plans were specified in 22 contracts. Expanded leave provisions addressing such issues as child or elder care leave and time off for illness of a family member, introduced in oil industrywide agreements bargained in the first quarter of this year, were included in 14 contracts.
 NOTE: Information from CBNC's collective bargaining database is available. In addition to compilations of wage and benefit terms in contract settlements, the databank includes a bibliography of more than 4,000 conracts and analyses of patterns in a sample of 400 agreements. Reports customized to meet individual requirements can be prepared for a fee within 24 hours by calling BNA PLUS toll-free at 800-452-7773 nationwide or 202-452-4323 in Washington.
 -0- 4/16/93
 /CONTACT: Sharon Pearson-Ford of the Bureau of National Affairs, 202-785-6898/


CO: Bureau of National Affairs, Inc. ST: District of Columbia IN: PUB SU: ECO

TW-MH -- DC025 -- 6859 04/16/93 15:07 EDT
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Date:Apr 16, 1993
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