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Jerry Ritter (907) 465-3804 State Employees' Wage and
Benefit Survey Released For Immediate Release: January 18, 1999 Contact: Senator Randy Phillips at (907) 465-4949. Juneau -- The Alaska Legislature's Legislative Budget and Audit Committee Monday released the results of a contracted survey on State employees' compensation. The study, paid for by the committee, was conducted to determine whether the State of Alaska offers competitive wages and benefits in comparison with other Alaska employers and selected employers in the Northwest United States. Overall, State employees enjoy a very competitive benefit and salary package. It is competitive and, in many job classes, the State of Alaska leads the market. A summary of the study's conclusions follows.
A task force of union representatives and State workers chose which jobs were to be compared in the study * The market median is calculated by rank ordering the averages reported by each organization from high to low and selecting the amount where half the reported salaries are above and half are below the amount reported as the market median. ** The market weighted average is determined by multiplying reported average salary from each data source times the number of positions to which the average pertains. The products of these multiplications are then summed and divided by the total number of positions in the sample. # # # |
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