Compensation costs per hour, March 2009
June 12, 2009
Employer costs for employee compensation averaged $29.39 per hour worked in March 2009 for civilian workers.
Wages and salaries, which averaged $20.49, accounted for 69.7 percent of these costs, while benefits, which averaged $8.90, accounted for the remaining 30.3 percent.
Costs for legally required benefits, including Social Security, Medicare, unemployment insurance, and workers’ compensation, averaged $2.28 per hour (7.8 percent of total compensation). Employer costs for life, health, and disability insurance benefits averaged $2.52 (8.6 percent); paid leave benefits (vacations, holidays, sick leave, and personal leave) averaged $2.08 (7.1 percent); and retirement and savings benefits averaged $1.31 (4.5 percent) per hour worked.
This information is from the BLS Employment Cost Trends program. These data are for civilian workers (defined here as nonfarm private industry and State and local government workers.) To learn more, see "Employer Costs for Employee Compensation—March 2009" (PDF) (HTML), news release USDL 09-0634.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Compensation costs per hour, March 2009 on the Internet at http://www.bls.gov/opub/ted/2009/jun/wk2/art05.htm (visited August 27, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »