Employer cost for employee compensation $29.63 per hour, December 2013
March 13, 2014
Nationwide, private industry employers spent an average of $29.63 per hour worked for total employee compensation in December 2013. Wages and salaries averaged $20.76 per hour worked (and accounted for 70.1 percent of total employee compensation costs), while total benefits costs averaged $8.87 (accounting for the remaining 29.9 percent).
|Compensation component||United States||Northeast||West||Midwest||South|
Retirement and savings
Legally required benefits
Wages and salaries
Note: The sum of individual items may not equal totals due to rounding.
Total benefits costs consist of paid leave benefits (which averaged $2.05 per hour worked), supplemental pay (which averaged 85 cents per hour worked), insurance benefits ($2.45), retirement and savings ($1.10), and legally required benefits ($2.43).
By region, total employee compensation costs per hour worked in December 2013 ranged from $26.93 in the South to $33.87 in the Northeast. Wages and salaries ranged from the South's $19.20 to the Northeast's $23.25. Total benefits costs were $7.73 and $10.61, respectively, in these two regions.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employer cost for employee compensation $29.63 per hour, December 2013 on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140313.htm (visited July 30, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.