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Compensation costs for private industry workers averaged $34.19 per hour worked in June 2018
September 24, 2018
Employer costs for employee compensation for private industry workers averaged $34.19 per hour worked in June 2018. Wages and salaries averaged $23.78 per hour worked and accounted for 69.6 percent of these costs. Benefit costs averaged $10.41 and accounted for the remaining 30.4 percent. The information industry had the highest total compensation costs in June, $58.85 per hour worked, including $38.16 for wages and salaries and $20.69 for benefits.
Private industry employer costs per hour worked for employee compensation by major industry group, June 2018
Industry
Total compensation
Wages and salaries
Benefits
All workers
$34.19
$23.78
$10.41
Information
58.85
38.16
20.69
Financial activities
49.18
32.29
16.89
Professional and business services
41.48
29.29
12.19
Manufacturing
39.29
25.74
13.55
Construction
39.17
27.18
11.99
Education and health services
36.93
26.02
10.91
Trade, transportation, and utilities
28.37
19.88
8.49
Other services
26.84
19.85
6.99
Leisure and hospitality
14.77
11.62
3.15
Total employer compensation costs in June averaged $49.18 per hour worked in financial activities and $41.48 in professional and business services.
Employer compensation costs in leisure and hospitality averaged $14.77 per hour worked. Wages and salaries averaged $11.62, and benefit costs averaged $3.15.
United States Department of Labor
