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WAGES AND BENEFITS -- FIRST QUARTER 1992

 WAGES AND BENEFITS -- FIRST QUARTER 1992
 WASHINGTON, April 17 /PRNewswire/ -- The all-industries median


first-year wage increase in first quarter 1992 remained the same as in first quarter 1991 -- 3.8 percent. Second- and third-year median increases were 3.2 percent and 3 percent in first quarter 1992, compared with 3.5 percent in the second year and 3 percent in the third year in first quarter 1991 contracts.
 On a cents-per-hour basis, the all-industries median was 38.4 cents in first quarter 1992, compared with 40.4 cents in first quarter 1991. Second- and third-year medians were 37 cents and 36.1 cents, compared with 36.6 cents and 35.3 cents last year.
 A geographic analysis showed that median increases ranged from 0.8 percent in New England to 4.4 percent in the Mid-Atlantic states. In cents-per-hour, medians ranged from a wage freeze in the New England area to 51.6 cents in the Middle Atlantic region.
 By industry sector manufacturing first-year medians bargained in first quarter 1992 dropped to 3.1 percent from 3.3 percent in the first three months of 1991. The first quarter 1992 non-manufacturing (excluding construction) median was 4.1 percent, up from 4 percent reported for first quarter 1991.
 Lump-sum payment provisions were found in 13 percent of contracts reported in first quarter 1992, down sharply from the 42 percent reported in first quarter 1988 when these pay systems were first tabulated.
 The analysis was based on 153 collective bargaining agreements covering more than 186,000 workers and reported in "Collective Bargaining Negotiations and Contracts" during the first three months of 1992.
 Employee benefit changes were detailed in 120, or 78 percent, of settlements reported January through March 1992. Most often mentioned was insurance -- 91 percent of contracts.
 Pension plans were altered in 55 percent of the 120 contracts itemizing benefit changes. In the 39 contracts increasing benefits, monthly payments by end of term were to average $21.98 per year of service, up from $21.75 for first-quarter 1991. Increases in monthly benefits over term were to average $2.86 per year's service under 38 contracts specifying pension amounts.
 Substance abuse provisions appearing in this year's first quarter included establishment of committees to create and implement drug abuse policies, employee assistance programs offering prevention and intervention services, and expanded random testing language. Family leave provisions addressed such issues as child or elder care leave, maternity or paternity time-off, well-baby care, and pre-tax dependent care spending accounts.
 Contract reports analyzed appeared in the Table of Current Contract Settlements in CBNC, a specialized information service published in Washington by the Bureau of National Affairs, Inc. Contract reports weight increases equally and cover 50 or more workers. Holidays, vacations, and other such bonuses were not included in the analysis. Public sector settlements also were excluded.
 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 contracts 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- 4/17/92
 /CONTACT: Emily Pilk of the Bureau of National Affairs, 202-452-4985/ CO: Bureau of National Affairs ST: District of Columbia IN: PUB SU: ECO


SB -- DC003 -- 9634 04/17/92 09:27 EDT
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Date:Apr 17, 1992
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