Employer costs for employee compensation in March 2011
June 10, 2011
Wages and salaries averaged $19.85 per hour worked and accounted for 70.7 percent of total compensation costs, while benefits averaged $8.25 and 29.3 percent, respectively.
Of the $8.25 in private industry employer benefit costs, paid leave averaged $1.92 (6.8 percent of total compensation), supplemental pay averaged 76 cents (2.7 percent), insurance benefits averaged $2.26 (8.0 percent), retirement and savings averaged $1.00 (3.5 percent), and legally required benefits averaged $2.31 (8.2 percent) per hour worked.
Total compensation costs for the 15 Combined and Metropolitan Statistical Areas (CSAs and MSAs) in the United States ranged from $41.42 in the San Jose-San Francisco-Oakland, California CSA, to $23.29 in the Miami-Fort Lauderdale-Pompano Beach, Florida MSA.
In the San Jose-San Francisco-Oakland CSA, wages and salaries averaged $28.82, while benefits averaged $12.60 per hour worked; in the Miami-Fort Lauderdale-Pompano Beach MSA, wages and salaries averaged $17.04, while benefits averaged $6.25 per hour worked.
These data are from the BLS Employment Cost Trends program and are for private industry workers. To learn more, see "Employer Costs for Employee Compensation – March 2011" (HTML) (PDF), news release USDL-11-0849.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Employer costs for employee compensation in March 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110610.htm (visited April 24, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »