Private industry compensation $25.93 per hour on average in June 2007
September 25, 2007
In June 2007, private industry employer compensation costs averaged $25.93 per hour worked.
Wages and salaries averaged $18.32 per hour. Employer costs for legally required benefits averaged $2.21 per hour worked, insurance benefits averaged $1.97, paid leave averaged $1.77, retirement and savings averaged 88 cents, and supplemental pay averaged 78 cents.
Legally required benefits include employer costs for Social Security and Medicare, federal and state unemployment insurance, and workers’ compensation.
These data come from the Compensation Cost Trends program. For additional information, see "Employer Costs for Employee Compensation–June 2007" (PDF) (TXT), news release USDL 07-1434.
Recent editions of Spotlight on Statistics
- Fatal Injuries to Foreign-Born Hispanic or Latino Workers
Explores the industries, occupations, and events related to these fatalities.
- For-Profit, Nonprofit, and Government Sector Jobs in 2022
Compares the labor force characteristics and experiences of workers in the for-profit, nonprofit, government, and self-employed sectors.
- Union Membership, Activity, and Compensation in 2022
Focuses on trends in union membership, work stoppages, and pay and benefits among union members.
- A Look at a Neat Industry: Distilleries
Examines trends in employment, establishments, wages, and consumer prices for distilleries.
- Healthcare Occupations: Characteristics of the Employed
Compares the demographic characteristics of workers in healthcare occupations.