Distinguished members of the New York Compensation Association, we hope you had a wonderful winter holiday. We want to welcome you back with open arms and a new slate of wonderful and thought-provoking presentations by experts in the field sharing new developments in compensation. Please join us on March 14th in welcoming the distinguished Economist, Dr. Martin Kohli, as he speaks about:
Recent Developments in Compensation Statistics
The labor market continues to tighten, in large part because of the continuation of the economic recovery. Recent compensation statistics reflect this trend, along with strong business spending on information technologies, and increases in state minimum wages. This presentation will highlight the implications of these trends for compensation professionals in the New York area. More specifically, the presentation will discuss which industries have seen accelerating wage increases locally and nationally, which demographic groups are seeing accelerating wage increases, and what factors have been driving increases in benefit costs.
Martin Kohli is the Chief Regional Economist in the Bureau’s New York office. He has presented talks on the regional economy, emphasizing the importance of demographic issues to numerous groups. His article on the healthcare industry in New York City was published in the Monthly Labor Review and cited in the New York Times. He is keenly interested in the consequences of the aging of the population, both in the nation and in the New York area, and in the changing geographic division of labor. He graduated from Northwestern University, where he majored in philosophy, and earned his Ph.D. in economics at the New School.