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Employer Costs for Employee Compensation - September 2021

Employer Costs for Employee Compensation - September 2021

www.bls.gov

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. Defined benefit costs were $6.41 per hour worked (11.8 percent of total compensation) , and defined contribution

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