Transcription of Employer Costs for Employee Compensation - June 2018
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Employer Costs for Employee Compensation - June 2018
For release 10:00 (EST) Friday, December 15, 2017 USDL-17-1646 Technical information: (202) 691-6199 Media contact: (202) 691-5902 Employer Costs FOR Employee Compensation SEPTEMBER 2017 Employer Costs for Employee Compensation averaged $35. 64 per hour worked in September 2017, the Bureau of Labor Statistics reported today. Wages and salaries averaged $ per hour worked and accounted for percent of these Costs , while benefit Costs averaged $ and accounted for the remaining percent. Total Employer Compensation Costs for private industry workers averaged $ per hour worked in September 2017. Total Employer Compensation Costs for state and local government workers averaged $ per hour worked in September 2017. Highlights of Employer Compensation Costs per hour worked for state and local government workers, September 2017: State and local government employers spent an average of $ per hour worked for employeetotal Compensation .
Private industry employer costs for paid leave averaged $2.39 per hour worked or 7.0 percent of total compensation, supplemental pay averaged $1.32 or 3.8 percent, insurance benefits averaged $2.72 or 7.9 percent, retirement and savings averaged $1.35 or 3.9 percent, and legally required benefits averaged $2.64 per hour worked or 7.7 percent. (See table A and table 5.)
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