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Table 3-21b: Average Wage^a and Salary Accruals per Full-Time Equivalent Employee by Transportation Industry (North American Industry Classification System [NAICS] basis)

(Current $)

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KEY: R = revised.

^a Wages do not include supplements to wages and salaries such as pension, profit-sharing, and other retirement plans, and health, life, and unemployment insurance compensation.

^b Comprises business establishments involved in scenic and sightseeing transportation, support activities for transportation, postal service, and couriers and messengers.

NOTES

Data in this table are based on the 1997 NAICS codes. The Bureau of Economic Analysis provides these data on a Standard Industrial Classification (SIC) basis ending in 2000 and on a NAICS basis beginning in 1998 (see table 3-21a for data based on SIC).

Use care in comparing the data in this table with those in table 3-22. This table includes weighted part-time employees' salaries. Table 3-22 covers only full-time employees.

Wage and salary accruals consist of the monetary remuneration of employees, including compensation of corporate officers; commissions, tips and bonuses; voluntary employee contributions to certain deferred compensation plans, such as 401(k) plans; and receipts in kind that represent income. In other words, accruals are wage and salary earned, not wage and salary paid. For example, wage and salary earned in 1999 but not paid until 2000 are included in accruals for 1999. However, the difference between wage and salary earned and wage and salary paid is usually very small.

SOURCE

U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Products Accounts, table 6.6d, Internet site http://www.bea.doc.gov/bea/dn1.htm as of Sept. 22, 2005.