Employer costs and paid leave, December 2008
March 13, 2009
Employer costs for paid leave benefits were highest for management, professional, and related occupations, $4.09 per hour, or 8.4 percent of total compensation, in December 2008.
Costs were lowest among service occupations, 57 cents or 4.3 percent of total compensation.
Among all workers, paid leave benefits averaged $1.85, or 6.8 percent of the total.
Paid leave benefit costs are often directly linked to wages; therefore, higher paid occupations or industries will typically show higher estimates for this compensation component. Paid leave includes vacations, holidays, sick leave, and other leave such as personal leave, military leave, and funeral leave.
These data are from the National Compensation Survey’s Employment Cost Trends program. To learn more about employer costs for employee wages, salaries and benefits, see "Employer Costs for Employee Compensation - December 2008" (PDF) (HTML), news release USDL 09-0247.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employer costs and paid leave, December 2008 on the Internet at http://www.bls.gov/opub/ted/2009/mar/wk2/art05.htm (visited October 01, 2014).
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