Bureau of Labor Statistics and CCFP Overview
The Bureau of Labor Statistics (BLS) is the key Federal agency responsible for measuring labor market activity, working conditions, and price changes. Their data includes employment cost trends, wages by area and occupation, and regulations like FNS 796-2 REV.4. BLS provides essential economic information for informed decision-making, covering a range of topics such as labor costs, reasonable salaries, and factors affecting cost allowability in programs like the Child Care Food Program (CCFP).
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Bureau Of Labor Statistics As Related To CCFP
Bureau of Labor Statistics The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. Its mission is to collect, analyze, and disseminate essential economic information to support public and private decision-making. As an independent statistical agency, BLS serves its diverse user communities by providing products and services that are objective, timely, accurate, and relevant.
Bureau of Labor Statistics Employment Cost Trends The National Compensation Survey produces quarterly indexes measuring change over time in labor costs, Employment Cost Index (ECI), and quarterly data measuring level of average costs per hour worked, Employer Costs for Employee Compensation (ECEC).
Bureau of Labor Statistics Wages by Area and Occupation BLS wage data are available by occupation for the nation, regions, states, and many metropolitan and nonmetropolitan areas. National Wage Data Wage Data by State Wage Data by Metropolitan Area https://www.bls.gov/bls/blswage.htm
Bureau of Labor Statistics Regulations and Instructions used for CCFP FNS 796-2 REV 4, EXHIBIT J, page 6 2 CFR 200.403, 200.404
Bureau of Labor Statistics FNS 796-2 REV 4, EXHIBIT J, Page 6 explains Labor Costs in detail in regards to Reasonable Salaries. Salary must be determined based on percentage amount of time worked on program. Any remaining amount of salary is to be paid by non-Program funds for the unallowable portion of salaries.
Bureau of Labor Statistics 2 CFR 200.403 Factors Affecting Allowability of Costs, addresses the most important part of determining salaries and wage. (Necessary and Reasonable). Please reference 2 CFR 200.403 for determining best practices. 2 CFR 200.404 Reasonable Costs ,is also used to determine necessary costs for the Operation of the Child Care Food Program.
Bureau of Labor Statistics Factors determining Reasonable and Necessary Salaries Using Bureau of Labor Statistics. Size of Organization and area of Operation for Sponsor Comparisons to other Sponsoring Organizations Size and area of Operations Comparison of Salaries of other Sponsoring Organizations personnel based on percentage of time allocated to Child Care Food Program. Amount of Homes/Centers comparison of other Sponsoring Organizations on the Child Care Food Program
Links to Federal Regulations and FNS Instruction. Bureau of Labor Statistics. 2 CFR 200 https://www.ecfr.gov/cgi-bin/text-idx?tpl=/ecfrbrowse/Title02/2cfr200_main_02.tpl FNS 796-2 REV 4 https://www.fns.usda.gov/sites/default/files/796-2%20Rev%204.pdf Bureau of Labor Statistics https://www.bls.gov/
