September 13, 2011 (The Editor’s Desk is updated each business day.)

Retirement and savings benefit costs for employers in private industry, June 2011

Retirement and savings benefit costs for private industry employers, by occupation, bargaining unit status, and industry, June 2011
Class of worker Costs per hour worked Costs as a percent of total compensation

All private industry workers

$1.03 3.7%

Occupational group

   

Management, professional, and related

$2.08 4.1%

Natural resources, construction, and maintenance

$1.60 5.1%

Production, transportation, and material moving

$0.97 4.1%

Sales and office

$0.65 2.9%

Service

$0.22 1.6%

Bargaining unit status

   

Union

$2.92 7.7%

Nonunion

$0.83 3.1%

Industry group

   

Goods-producing industries

$1.70 5.1%

Service-providing industries

$0.89 3.3%

These data are featured in the TED article, Retirement and savings benefit costs for employers in private industry, June 2011.

 

 

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