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Total employer costs for employee compensation $31.09 per hour worked in March 2013
June 13, 2013
Employer costs for employee compensation averaged $31.09 per hour worked in March 2013. Wages and salaries averaged $21.50 per hour worked and accounted for 69.1 percent of these costs, while benefits averaged $9.59 and accounted for the remaining 30.9 percent.
Employer cost per hour worked for employee compensation, civilian, state and local government, and private industry workers and selected occupation groups, March 2013
Compensation component
Civilian workers
Total, civilian workers
State and local government
Private industry
Total, private industry
Management, professional, and related
Sales and office
Service
Total
$31.09
$42.12
$29.13
$51.28
$22.86
$14.19
Benefits
9.59
14.85
8.66
15.27
6.57
3.47
Wages and salaries
21.5
27.27
20.47
36.02
16.29
10.71
Total employer compensation costs per hour worked averaged $42.12 for state and local government workers and $29.13 for private industry workers in March 2013. Among the occupation groups in private industry, management, professional, and related occupations had the highest total employer compensation costs at $51.28 per hour worked.
The total private industry benefit costs of $8.66 per hour worked included costs for paid leave that averaged $2.01 per hour worked (6.9 percent of total compensation); for supplemental pay, 81 cents (2.8 percent); for insurance benefits, $2.40 (8.2 percent); for retirement and savings, $1.06 (3.6 percent); and for legally required benefits, $2.39 (8.2 percent).
These data are from the Employment Cost Trends program. To learn more, see “Employer Costs for Employee Compensation — March 2013” (HTML) (PDF), news release USDL-13-1140.
SUGGESTED CITATION
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Total employer costs for employee compensation $31.09 per hour worked in March 2013 at https://www.bls.gov/opub/ted/2013/ted_20130613.htm (visited October 12, 2024).
United States Department of Labor
