National Average Weekly Wage Percent Increase for 10/01/2012

The Department of Labor (“DOL”) published the percent increase for the National Average Weekly Wage (“NAWW”), which will go into effect on 10/01/2012. 

As of 10/01/2012, the following changes will take effect.

NAWW: $662.59
Maximum Compensation Rate: $1,325.18
Minimum Compensation Rate: $331.30
Percent Increase: 2.31%

For more information about the percent increase, or to review prior increases, visit the NAWW page on the DOL’s website.