The Department of Labor (“DOL”) published the percent increase for the National Average Weekly Wage (“NAWW”), which will go into effect on 10/01/2013.
As of 10/01/2013, the following changes will take effect.
NAWW: $673.34
Maximum Compensation Rate: $1,346.68
Minimum Compensation Rate: $336.67
Percent Increase: 1.62%
For more information about the percent increase, or to review prior increases, visit the NAWW page on the DOL’s website.
(Note: I originally published this post on Navigable Waters: A Maritime, Longshore and Defense Base Act Blog.)