Employer Costs for Employee Compensation News Release — 2012-12-11

(Note: Employer Costs for Employee Compensation data for September 2012 and December 2012 contained errors in several series and have been corrected in the public database and historical listings available on the BLS website. This news release will not be corrected. The primary errors are in benefits data for private industry. Some additional series were also corrected. For further information see www.bls.gov/eci_corrections_043013.htm.) Employer costs for employee compensation averaged $30.80 per hour worked in September 2012, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $21.32 per hour worked and accounted for 69.2 percent of these costs, while benefits averaged $9.48 and accounted for the remaining 30.8 percent. Total employer compensation costs for private industry workers averaged $28.95 per hour worked in September 2012. Employer Costs for Employee Compensation (ECEC), a product of the National Compensation Survey, measures employer costs for wages, salaries, and employee benefits for nonfarm private and state and local government workers.