Employer Costs for Employee Compensation News Release — 2014-06-11

(Note: As a result of problems implementing the 2010 Standard Occupational Classification, Employer Costs for Employee Compensation data for December 2013 and March 2014 contained errors in several occupational and industry series. The database and historical listings will be updated on September 10, 2014; this news release will not be corrected. For further information see www.bls.gov/bls/ecec_correction_091014.htm.) Employer costs for employee compensation averaged $31.93 per hour worked in March 2014, the U.S. Bureau of Labor Statistics reported today. Wages and salaries averaged $21.96 per hour worked and accounted for 68.8 percent of these costs, while benefits averaged $9.97 and accounted for the remaining 31.2 percent. Total employer compensation costs for private industry workers averaged $29.99 per hour worked in March 2014. Total employer compensation costs for state and local government workers averaged $43.10 per hour worked in March 2014.