Employer costs for employee compensation, December 2012
March 21, 2013
Private industry employers spent an average of $28.89 per hour worked for total employee compensation in December 2012. Wages and salaries averaged $20.32 per hour worked and accounted for 70.3 percent of these costs, while benefits averaged $8.57 and accounted for the remaining 29.7 percent.
|Occupational group||Total||Wages and salaries||Benefits|
Management, professional, and related
Sales and office
Of total benefit costs, private industry employer costs for paid leave benefits in December 2012 averaged $1.98 per hour worked, or 6.9 percent of total compensation. Included in this amount were employer costs for vacations, holidays, sick leave and personal leave.
Paid leave costs vary widely by full-time and part-time status and bargaining unit status. Paid leave for all full-time workers in private industry were $2.52 per hour worked (7.5 percent of total compensation), significantly higher than part-time workers at just 42 cents (2.8 percent). Paid leave costs for union workers were $2.82 per hour worked (7.1 percent of total compensation) versus $1.90 (6.8 percent) for nonunion workers.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Employer costs for employee compensation, December 2012 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130321.htm (visited September 18, 2014).
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.