September 13, 2011 (The Editor’s Desk is updated each business day.)
Retirement and savings benefit costs for employers in private industry, June 2011
Retirement and savings benefit costs for private industry employers, by occupation, bargaining unit status, and industry, June 2011
Class of worker |
Costs per hour worked |
Costs as a percent of total compensation |
All private industry workers |
$1.03 |
3.7% |
Occupational group |
|
|
Management, professional, and related |
$2.08 |
4.1% |
Natural resources, construction, and maintenance |
$1.60 |
5.1% |
Production, transportation, and material moving |
$0.97 |
4.1% |
Sales and office |
$0.65 |
2.9% |
Service |
$0.22 |
1.6% |
Bargaining unit status |
|
|
Union |
$2.92 |
7.7% |
Nonunion |
$0.83 |
3.1% |
Industry group |
|
|
Goods-producing industries |
$1.70 |
5.1% |
Service-providing industries |
$0.89 |
3.3% |
These data are featured in the TED article, Retirement and savings benefit costs for employers in private industry, June 2011.
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