The .gov means it's official. Federal government websites often end in .gov or .mil. Before sharing sensitive information,
make sure you're on a federal government site.
The site is secure. The
https:// ensures that you are connecting to the official website and that any
information you provide is encrypted and transmitted securely.
Compensation costs $67.64 per hour in hospitals, June 2024
September 17, 2024
Total employer compensation costs for workers in hospitals averaged $67.64 per hour worked in June 2024. Wages and salaries averaged $44.73 per hour worked and accounted for 66.1 percent of employer costs, while benefit costs averaged $22.90 per hour worked and accounted for the remaining 33.9 percent.
Employer Costs for Employee Compensation for private industry workers in selected healthcare industries, June 2024
Compensation component
Private industry workers
Hospitals
Nursing and residential care facilities
Cost (in dollars)
Percent of total compensation
Cost (in dollars)
Percent of total compensation
Cost (in dollars)
Percent of total compensation
Total compensation
43.94
100.0
67.64
100.0
31.73
100.0
Wages and salaries
30.90
70.3
44.73
66.1
23.24
73.2
Total benefits
13.04
29.7
22.90
33.9
8.49
26.8
Retirement and savings
1.52
3.5
3.30
4.9
0.48
1.5
Supplemental pay
1.76
4.0
3.16
4.7
0.88
2.8
Legally required benefits
3.22
7.3
4.40
6.5
2.55
8.0
Insurance
3.24
7.4
5.60
8.3
2.37
7.5
Paid leave
3.30
7.5
6.44
9.5
2.22
7.0
Among benefit costs for hospital workers, employer costs for paid leave were $6.44 per hour worked, while costs for insurance were $5.60.
Total employer compensation costs for workers in the nursing and residential care facilities industry averaged $31.73 per hour worked. Wages and salaries averaged $23.24 per hour worked and accounted for 73.2 percent of employer costs, while benefit costs averaged $8.49 per hour worked and accounted for the remaining 26.8 percent.
Total employer compensation costs for all private industry workers averaged $43.94 per hour worked in June 2024. Wages and salaries averaged $30.90 per hour worked and accounted for 70.3 percent of employer costs, while benefit costs averaged $13.04 per hour worked and accounted for the remaining 29.7 percent.
United States Department of Labor
