Employer costs for employee compensation in March 2011
June 10, 2011
Wages and salaries averaged $19.85 per hour worked and accounted for 70.7 percent of total compensation costs, while benefits averaged $8.25 and 29.3 percent, respectively.
Of the $8.25 in private industry employer benefit costs, paid leave averaged $1.92 (6.8 percent of total compensation), supplemental pay averaged 76 cents (2.7 percent), insurance benefits averaged $2.26 (8.0 percent), retirement and savings averaged $1.00 (3.5 percent), and legally required benefits averaged $2.31 (8.2 percent) per hour worked.
Total compensation costs for the 15 Combined and Metropolitan Statistical Areas (CSAs and MSAs) in the United States ranged from $41.42 in the San Jose-San Francisco-Oakland, California CSA, to $23.29 in the Miami-Fort Lauderdale-Pompano Beach, Florida MSA.
In the San Jose-San Francisco-Oakland CSA, wages and salaries averaged $28.82, while benefits averaged $12.60 per hour worked; in the Miami-Fort Lauderdale-Pompano Beach MSA, wages and salaries averaged $17.04, while benefits averaged $6.25 per hour worked.
These data are from the BLS Employment Cost Trends program and are for private industry workers. To learn more, see "Employer Costs for Employee Compensation – March 2011" (HTML) (PDF), news release USDL-11-0849.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employer costs for employee compensation in March 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110610.htm (visited February 27, 2015).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.