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Employer costs for employee compensation $55.13 per hour in information industry, June 2017
September 12, 2017
Total employer compensation costs for workers in the information industry averaged $55.13 per hour worked, with wages and salaries averaging $36.18 and benefit costs averaging $18.95. Employer costs for insurance averaged $5.28, and paid leave benefits averaged $5.07.
Employer costs per hour worked for employee compensation, private industry workers, by industry, June 2017
Component
Information
Financial activities
Professional and business services
Manufacturing
Construction
Education and health services
Trade, transportation, and utulities
Leisure and hospitality
Total compensation
$55.13
$47.58
$40.66
$39.84
$39.18
$35.10
$27.68
$14.53
Total benefits
18.95
16.40
11.78
13.86
11.97
10.45
8.22
3.09
Supplemental pay
2.38
3.52
2.03
1.64
1.08
0.65
0.73
0.14
Retirement and savings
2.58
1.93
1.35
2.20
2.15
1.46
1.10
0.21
Paid leave
5.07
4.03
2.91
3.01
1.72
2.75
1.75
0.44
Legally required benefits
3.63
2.98
3.00
3.00
3.95
2.54
2.33
1.53
Insurance
5.28
3.92
2.48
4.00
3.08
3.04
2.31
0.78
Wages and salaries
36.18
31.18
28.88
25.98
27.20
24.65
19.46
11.44
Total employer compensation costs in financial activities averaged $47.58, and in and professional and business services, $40.66.
Employer costs in leisure and hospitality averaged $14.53 per hour worked. Wages and salaries averaged $11.44, and benefit costs averaged $3.09. Employer costs for legally required benefits averaged $1.53, nearly half of total benefit costs.
Total employer compensation costs for all private industry workers averaged $33.26 per hour worked, with wages and salaries averaging $23.15 (69.6 percent of total compensation) and benefit costs averaging $10.11.
These data are from the Employment Cost Trends program. To learn more, see "Employer Costs for Employee Compensation — June 2017" (HTML) (PDF).
United States Department of Labor
