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…
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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.
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