Private employer costs for pay and benefits rose 1.8 percent from March 2015 to March 2016

May 04, 2016

Private employer costs for pay and benefits rose 1.8 percent from March 2015 to March 2016. That compares with a gain of 2.8 percent from March 2014 to March 2015. Wages and salaries increased 2.0 percent from March 2015 to March 2016.

 

 

Over-the-year percent change in private employer costs per hour worked for wages and salaries and benefits, March 2006 to March 2016
Month Total compensation Wages and salaries All benefits Health benefits

Mar 2006

2.6 2.4 3.0 4.8

Jun 2006

2.8 2.8 2.7 5.2

Sep 2006

3.0 3.0 2.8 4.9

Dec 2006

3.2 3.2 3.1 4.9

Mar 2007

3.2 3.6 2.2 4.9

Jun 2007

3.1 3.3 2.6 4.8

Sep 2007

3.1 3.4 2.4 4.8

Dec 2007

3.0 3.3 2.4 4.8

Mar 2008

3.2 3.2 3.2 4.6

Jun 2008

3.0 3.1 2.6 4.2

Sep 2008

2.8 2.9 2.4 3.9

Dec 2008

2.4 2.6 2.0 3.5

Mar 2009

1.9 2.0 1.6 4.6

Jun 2009

1.5 1.6 1.3 4.4

Sep 2009

1.2 1.4 1.1 4.6

Dec 2009

1.2 1.3 0.9 4.3

Mar 2010

1.6 1.5 2.0 4.5

Jun 2010

1.9 1.6 2.4 5.0

Sep 2010

2.0 1.6 2.8 4.8

Dec 2010

2.1 1.8 2.9 5.0

Mar 2011

2.0 1.6 3.0 3.4

Jun 2011

2.3 1.7 4.0 3.6

Sep 2011

2.1 1.7 3.3 3.4

Dec 2011

2.2 1.6 3.6 3.5

Mar 2012

2.1 1.9 2.8 3.0

Jun 2012

1.8 1.8 1.9 2.4

Sep 2012

1.9 1.8 2.2 2.3

Dec 2012

1.8 1.7 2.0 2.1

Mar 2013

1.9 1.7 2.0 3.0

Jun 2013

1.9 1.9 1.9 2.6

Sep 2013

1.9 1.8 2.0 2.7

Dec 2013

2.0 2.1 1.9 3.0

Mar 2014

1.7 1.7 1.8 2.4

Jun 2014

2.0 1.9 2.4 2.7

Sep 2014

2.3 2.3 2.3 2.6

Dec 2014

2.3 2.2 2.5 2.4

Mar 2015

2.8 2.8 2.6 2.5

Jun 2015

1.9 2.2 1.4 2.8

Sep 2015

1.9 2.1 1.4 3.0

Dec 2015

1.9 2.1 1.3 3.0

Mar 2016

1.8 2.0 1.2 3.3

Employer costs for benefits rose 1.2 percent from March 2015 to March 2016. That was lower than the 2.6-percent increase from March 2015 to March 2016.

Although the increase in overall benefit costs was smaller, employer costs for health benefits increased somewhat more rapidly. Employer costs for health benefits rose 3.3 percent from March 2015 to March 2016, compared with 2.5 percent from March 2014 to March 2015.

The 12-month increases in employer costs for health benefits ranged from 2.1 to 3.3 percent from March 2012 to March 2016. That compares with increases ranging from 3.4 to 5.2 percent from 2006 to 2011.

These data are from the Employment Cost Trends program. To learn more, see "Employment Cost Index — March 2016" (HTML) (PDF). For more information about trends in employer costs for health benefits, see Employment Cost Index Health Benefits.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Private employer costs for pay and benefits rose 1.8 percent from March 2015 to March 2016 on the Internet at https://www.bls.gov/opub/ted/2016/private-employer-costs-for-pay-and-benefits-rose-1-point-8-percent-from-march-2015-to-march-2016.htm (visited March 22, 2019).

OF INTEREST
spotlight

Recent editions of Spotlight on Statistics