Total employer costs for employee compensation $31.09 per hour worked in March 2013
June 13, 2013
Employer costs for employee compensation averaged $31.09 per hour worked in March 2013. Wages and salaries averaged $21.50 per hour worked and accounted for 69.1 percent of these costs, while benefits averaged $9.59 and accounted for the remaining 30.9 percent.
|Compensation component||Civilian workers|
|Total, civilian workers||State and local government||Private industry|
|Total, private industry||Management,|
professional, and related
|Sales and office||Service|
Wages and salaries
Total employer compensation costs per hour worked averaged $42.12 for state and local government workers and $29.13 for private industry workers in March 2013. Among the occupation groups in private industry, management, professional, and related occupations had the highest total employer compensation costs at $51.28 per hour worked.
The total private industry benefit costs of $8.66 per hour worked included costs for paid leave that averaged $2.01 per hour worked (6.9 percent of total compensation); for supplemental pay, 81 cents (2.8 percent); for insurance benefits, $2.40 (8.2 percent); for retirement and savings, $1.06 (3.6 percent); and for legally required benefits, $2.39 (8.2 percent).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Total employer costs for employee compensation $31.09 per hour worked in March 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130613.htm (visited December 23, 2014).