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Employer Costs for Employee Compensation

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Private industry compensation costs average $43.11 per hour worked in December 2023

03/13/2024

Employer costs for private industry workers averaged $30.33 per hour worked for wages and salaries and $12.77 for benefits in December 2023. Paid leave costs were $3.26 per hour, accounting for 7.6 percent of total compensation costs.
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