Transcription of Employer Costs for Employee Compensation - September 2021
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Employer Costs for Employee Compensation - September 2021
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.
Retirement and savings Of the five major benefit co sts, the retirement and savings component was the costliestfor state and local government employers, constituting 12 .6 percent of total compensation per hour worked.
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