Employer Costs for Employee Compensation News Release - 2023 Q02 Results — 2023-09-12

Employer costs for employee compensation for civilian workers averaged $43.26 per hour worked in June 2023, the U.S. Bureau of Labor Statistics reported today. Wages and salaries cost employers $29.86 while benefit costs were $13.39. (See tables 1 and 2.) Total employer compensation costs for private industry workers averaged $41.03 per hour worked in June 2023. Wages and salaries averaged $28.97 per hour worked and accounted for 70.6 percent of employer costs, while benefit costs averaged $12.06 per hour worked and accounted for the remaining 29.4 percent. (See tables 1 and 4.) Total employer compensation costs for state and local government workers averaged $58.25 per hour worked in June 2023. Wages and salaries averaged $35.90 and accounted for 61.6 percent of employer costs, while benefit costs averaged $22.35 and accounted for 38.4 percent.