Employer Costs for Employee Compensation News Release - 2022 Q04 Results — 2023-03-17
Total employer compensation costs for civilian workers averaged $42.48 per hour worked in December 2022, the U.S. Bureau of Labor Statistics reported…
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Total employer compensation costs for civilian workers averaged $42.48 per hour worked in December 2022, the U.S. Bureau of Labor Statistics reported today. Wages and salaries cost employers $29.32 and accounted for 69.0 percent of total costs, while benefits cost $13.17 and accounted for the remaining 31.0 percent. (See table 1.) Total employer compensation costs for state and local government averaged $57.60 per hour worked. Wages and salaries averaged $35.69 per hour worked and represented 62.0 percent of total compensation costs, while benefit costs averaged $21.91 and accounted for the remaining 38.0 percent. (See tables 1 and 3.) Total employer compensation costs for private industry workers averaged $40.23 per hour worked. Wage and salary costs averaged $28.37 and accounted for 70.5 percent of employer costs, while benefit costs were $11.86 and accounted for 29.5 percent.
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