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© Copyright 1997 by the Wyoming Department of Employment, Research & Planning


Table 1: Wage Survey Information Users and Uses


UsersSome Uses
Attorneys; Insurance CompaniesTo compute loss of earnings for legal proceedings, insurance payouts.
BanksIn order to give out loans, finding out general occupational wages.
Career Counselors; Colleges and Universities; Currently Employed; Employment Resource Centers; Individuals; Job Training & Assistance Centers; School Districts; Training Providers; Vocational Rehabilitation To find out the prevailing wage for an occupation; employees can use the data to compare their firms' wage structure with the industry as a whole; to determine the local labor market conditions; potential training opportunities; using past data to help predict future wages, occupational and industrial shifts; assist job hunters in finding growth occupations that might suit them; evaluate, improve and eliminate training programs or plan new ones; assess and update the college curriculum based on current employer needs and projected trends; assist the unemployed in selecting employment; perform career path analysis, basic skill development, youth pre-employment and adult education; where to find the jobs; whether or not to obtain more training.
Chambers of Commerce; Convention, Travel, Tourist Bureaus; Economic Development; Private Industry; Program Planners; Utility CompaniesWhat a potential employer would have to pay to be competitive; as indicators of wage patterns throughout the state; what an occupation earns in an area or state; make decisions in labor/management negotiations; to evaluate employment trends in terms of business staffing needs; should a business open a new establishment, acquire new equipment, expand or downsize; labor availability; how the current workforce should be trained or retrained; analysis of labor market conditions; if forecasts of business activity justify increasing the workforce; where can additional workers be found; what is the impact of workers' current earnings on future government revenues; to determine the labor shortages or surpluses in each industry; data are useful in determining the potential for business growth and development; to improve recruitment methods.
LibrariesAs reference materials for public and private entities.
NewspapersTo enhance news stories and inform readers about wages trends when writing about occupations.
Real EstateTo determine what the economic situation is in a given area.



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These pages designed by Gayle C. Edlin.
Last modified on September 4, 1997 by Gayle C. Edlin.