Employer Costs for Employee Compensation Summary

For release 10:00 a.m. (ET) Tuesday, September 10, 2024					    USDL-24-1863

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                       EMPLOYER COSTS FOR EMPLOYEE COMPENSATION - JUNE 2024
                       
Employer costs for employee compensation for civilian workers averaged $46.21 per hour worked in June 
2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $31.80, while 
benefit costs averaged $14.41. (See tables 1 and 2.) 

Total employer compensation costs for private industry workers averaged $43.94 per hour worked in June 
2024. Wages and salaries averaged $30.90 per hour worked and accounted for 70.3 percent of employer 
costs, while benefit costs averaged $13.04 per hour worked and accounted for the remaining 29.7 
percent. (See tables 1 and 4.)

Total employer compensation costs for state and local government workers averaged $61.37 per hour 
worked in June 2024. Wages and salaries averaged $37.80 and accounted for 61.6 percent of employer 
costs, while benefit costs averaged $23.57 and accounted for 38.4 percent. (See tables 1 and 3.)

Total employer compensation costs for private industry workers in the healthcare and social assistance 
industry averaged $46.26 per hour worked in June 2024. Wages and salaries averaged $32.57 per hour 
worked and accounted for 70.4 percent of employer costs, while benefit costs averaged $13.69 per hour 
worked and accounted for the remaining 29.6 percent. (See table 4.)

Healthcare and social assistance industry in the private sector

Total employer compensation costs for workers in the hospitals industry averaged $67.64 per hour worked 
in June 2024. Wages and salaries averaged $44.73 per hour worked and accounted for 66.1 percent of 
employer costs, while benefit costs averaged $22.90 per hour worked and accounted for the remaining 
33.9 percent. Total employer compensation costs for workers in the nursing and residential care 
facilities industry averaged $31.73 per hour worked. Wages and salaries averaged $23.24 per hour worked 
and accounted for 73.2 percent of employer costs, while benefit costs averaged $8.49 per hour worked 
and accounted for the remaining 26.8 percent. (See table 4.) 

In the healthcare and social assistance industry, total employer compensation costs averaged $67.24 per 
hour worked for union workers and $44.38 per hour worked for nonunion workers. Compensation costs in 
the healthcare and social assistance industry averaged $31.30 per hour worked in establishments with 
1-49 workers and $62.65 per hour worked in establishments with 500 workers or more. (See tables 5 
and 6.)

Employer Costs for Employee Compensation for September 2024 is scheduled to be released on 
Tuesday, December 17, 2024, at 10:00 a.m. (ET).