Benefits account for 30.9 percent of employee compensation, September 2013
December 20, 2013
In September 2013, wages and salaries averaged $21.54 per hour worked and accounted for 69.1 percent of total compensation costs, while benefits averaged $9.61 and accounted for the remaining 30.9 percent.
|Compensation component||Percent distribution|
Wages and salaries
Wages and salaries for private industry workers averaged $20.55 per hour worked in September 2013 and accounted for 70.3 percent of total compensation costs, while benefits averaged $8.68 and accounted for the remaining 29.7 percent.
In September 2013, State and local government employers spent an average of $27.38 per hour worked on employee wages and salaries, accounting for 64.4 percent of total compensation costs. Benefits averaged $15.13 per hour worked and accounted for the remaining 35.6 percent
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Benefits account for 30.9 percent of employee compensation, September 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20131220.htm (visited October 24, 2014).
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