Average compensation $23.15 per hour in March

June 20, 2002

In March 2002, employer costs for employee compensation for civilian workers in the United States averaged $23.15 per hour worked.

Employer costs per hour worked for employee compensation, civilian workers, March 2002
[Chart data—TXT]

Wages and salaries, which averaged $16.76, accounted for 72.4 percent of these costs, while benefits, which averaged $6.39, accounted for the remaining 27.6 percent.

Legally required benefits were $1.80 per hour on average, representing the largest non-wage employer cost. Employer costs for insurance benefits were $1.61 per hour, paid leave benefits were $1.59 per hour, and retirement and savings benefits 80 cents per hour.

These data are a product of the BLS Employment Cost Trends program. Additional information is available from "Employer Costs for Employee Compensation, March 2002," news release USDL 02-346. Civilian workers include private industry and State and local government workers.

 

Note: The publication schedule for the "Employer Costs for Employee Compensation" news release will change this year.

Future publications will be issued on a quarterly basis, with data collected for the pay period including the 12th day of the survey months of March, June, September, and December. Publications will be issued approximately three months after the month of reference. Data will be available on a quarterly basis beginning with June 2002 data.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Average compensation $23.15 per hour in March on the Internet at http://www.bls.gov/opub/ted/2002/jun/wk3/art04.htm (visited October 25, 2014).

OF INTEREST

Three recent editions of Spotlight on Statistics