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Charting employer compensation costs per employee

RP news wires, Noria Corporation

In December 2006, private industry employer compensation costs averaged $25.67 per hour worked, the U.S. Department of Labor's Bureau of Labor Statistics reported on March 30. 

Employer costs per hour worked for employee compensation, private industry, December 2006
[Chart data—TXT]

Wages and salaries averaged $18.11 per hour. Employer costs for legally required benefits averaged $2.20 per hour worked, insurance benefits averaged $1.92, paid leave averaged $1.76, retirement and savings averaged 94 cents, and supplemental pay averaged 75 cents.

Legally required benefits include employer costs for Social Security and Medicare, federal and state unemployment insurance, and workers’ compensation.

This data comes from the Compensation Cost Trends program. For additional information, see “Employer Costs for Employee 
Compensation–December 2006
,” news release USDL 07-0453.

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