News / investing

Employer Costs for Employee Compensation News Release — 2016-03-10

Employer costs for employee compensation for civilian workers averaged $33.58 per hour worked in December 2015, the U.S. Bureau of Labor Statistics…

Archive · 2016-03-10

Historical source material. Figures, regulations and case status may have changed since the original publication. This page preserves a source excerpt for research.

Read original source

Employer costs for employee compensation for civilian workers averaged $33.58 per hour worked in December 2015, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $23.06 per hour worked and accounted for 68.7 percent of these costs, while benefits averaged $10.52 and accounted for the remaining 31.3 percent. Total employer compensation costs for private industry workers averaged $31.70 per hour worked in December 2015. Employer Costs for Employee Compensation (ECEC), a product of the National Compensation Survey, measures employer costs for wages and salaries, and employee benefits for nonfarm private and state and local government workers. Private industry employer costs for paid leave averaged $2.18 per hour worked or 6.9 percent of total compensation, supplemental pay averaged $1.06 or 3.3 percent, insurance benefits averaged $2.54 or 8.0 percent, retirement and savings averaged $1.25 or 4.0 percent, and legally required benefits averaged $2.53 per hour worked or 8.0 percent.

Research sources & methodology

Original sources and publication references.

Community

Tell us what you are researching. We will review your request.