Compensation costs in private industry and private industry health care
September 17, 2013
Overall, private industry employers spent an average of $29.11 per hour worked for employee compensation in June 2013. Wages and salaries averaged $20.47 per hour worked, while benefits averaged $8.64. Private industry hospitals spent an average of $39.45 per hour worked ($26.59 for wages and salaries and $12.85 for benefits). Average compensation costs were $20.52 in private industry nursing and residential care facilities ($14.89 for wages and salaries, $5.63 for benefits).
|Compensation component||Private industry workers||Hospitals||Nursing and residential care facilities|
Retirement and savings
Legally required benefits
Wages and salaries
Note: The sum of individual items may not equal totals due to rounding.
Overall, private industry employer costs for paid leave averaged $2.00 per hour worked, supplemental pay averaged 80 cents, insurance benefits averaged $2.39, retirement and savings averaged $1.07, and legally required benefits averaged $2.39 per hour worked.
In private hospitals, employer costs for benefits were all higher than the average for all private employers. Paid leave averaged $3.38 per hour worked, supplemental pay averaged $1.20, insurance benefits averaged $3.93, retirement and savings averaged $1.52, and legally required benefits averaged $2.83 per hour worked.
In private nursing and residential care facilities, benefits costs were all lower than the average for all private employers. Paid leave averaged $1.35 per hour worked, supplemental pay averaged 41 cents, insurance benefits averaged $1.67, retirement and savings averaged 29 cents, and legally required benefits averaged $1.92.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs in private industry and private industry health care on the Internet at https://www.bls.gov/opub/ted/2013/ted_20130917.htm (visited January 17, 2017).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.