Employer Costs for Employee Compensation News Release - 2022 Q01 Results — 2022-06-16
Employer costs for employee compensation for civilian workers averaged $40.90 per hour worked in March 2022, the U.S. Bureau of Labor Statistics…
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Employer costs for employee compensation for civilian workers averaged $40.90 per hour worked in March 2022, the U.S. Bureau of Labor Statistics reported today. Wages and salaries cost employers $28.16 and accounted for 68.8 percent of total compensation, while benefits cost $12.74 and accounted for the remaining 31.2 percent. Total compensation costs for civilian workers were $15.60 at the 10th wage percentile, $31.39 at the 50th (median) wage percentile, and $78.58 at the 90th wage percentile. (See tables A and 1.) Total employer compensation costs for private industry workers averaged $38.61 per hour worked in March 2022. Wage and salary costs averaged $27.19 and accounted for 70.4 percent of employer costs, while benefit costs were $11.42 and accounted for 29.6 percent. Total compensation costs for private industry workers were $14.97 at the 10th wage percentile, $28.60 at the 50th (median) wage percentile, and $74.46 at the 90th wage percentile.
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