Employer Costs for Employee Compensation News Release — 2017-12-15
Employer costs for employee compensation averaged $35.64 per hour worked in September 2017, the U.S. Bureau of Labor Statistics reported today. Wages…
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 averaged $35.64 per hour worked in September 2017, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $24.33 per hour worked and accounted for 68.3 percent of these costs, while benefit costs averaged $11.31 and accounted for the remaining 31.7 percent. Total employer compensation costs for private industry workers averaged $33.55 per hour worked in September 2017. Total employer compensation costs for state and local government workers averaged $48.78 per hour worked in September 2017. Highlights of employer compensation costs per hour worked for state and local government workers, September 2017: Private industry employer costs for paid leave averaged $2.32 per hour worked or 6.9 percent of total compensation, supplemental pay averaged $1.19 or 3.6 percent, insurance benefits averaged $2.68 or 8.0 percent, retirement and savings costs averaged $1.39 or 4.1 percent, and legally required benefits averaged $2.62 per hour worked or 7.8 percent.
Research sources & methodology
Original sources and publication references.
Community