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Compensation cost by establishment size

June 28, 2004

Establishments with more employees paid more per employee hour in compensation costs in March 2004.

Employer costs per hour worked for employee compensation, by industry, March 2004
[Chart data—TXT]

Establishments with fewer than 50 workers averaged $19.37 per hour, while those with 50-99 workers averaged $19.81. Establishments with 100-499 employees averaged $23.91, and those with 500 or more employees averaged $32.54.

These data are from the BLS Compensation Cost Trends program. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits. For more information, see "Employer Costs for Employee Compensation, March 2004" (PDF) (TXT), news release USDL 04-1105.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation cost by establishment size on the Internet at https://www.bls.gov/opub/ted/2004/jun/wk5/art01.htm (visited October 28, 2020).

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