EMPLOYER COSTS FOR EMPLOYEE COMPENSATION - September 2022
Total employer compensation costs for civilian workers averaged $41.86 per hour worked in September2022, the U.S. Bureau of Labor Statistics reported today. Wages and salaries cost employers $28.88and accounted for 69.0 percent of total costs, while benefits cost $12.98 and accounted for theremaining 31.0 percent. (See tables 1 and 2.)
Total employer compensation costs for state and local government averaged $57.02 per hour worked.Wages and salaries averaged $35.29 per hour worked and represented 61.9 percent of totalcompensation costs, while benefit costs averaged $21.73 and accounted for the remaining 38.1 percent. (See tables 1 and 3.)
Total employer compensation costs for private industry workers averaged $39.61 per hour worked inSeptember 2022. Wage and salary costs averaged $27.93 and accounted for 70.5 percent of employercosts, while benefit costs were $11.68 and accounted for 29.5 percent. (See tables 1 and 4.)
Total compensation costs for union workers averaged $53.20 per hour worked in September 2022.Wage and salary costs averaged $31.95 and accounted for 60.1 percent of total compensation costs,while benefit costs averaged $21.24 and accounted for 39.9 percent. Total compensation costs fornonunion workers averaged $38.37 per hour worked. Wage and salary costs averaged $27.56 andaccounted for 71.8 percent of total compensation costs. Benefit costs for nonunion workers averaged$10.81 and accounted for 28.2 percent of total compensation. (See table 5.)
Private industry compensation costs by bargaining and work status
Employer benefit costs for union workers ranged from $1.95 per hour worked for supplemental pay,accounting for 3.7 percent of total compensation costs, to $7.06 for insurance, accounting for 13.3percent of total compensation costs. Employer benefit costs for nonunion workers included $1.06 forretirement and savings, accounting for 2.8 percent of total compensation costs, and $2.89 forlegally required benefits, accounting for 7.5 percent of total compensation costs. (See table 5.)
Total compensation costs for workers in goods-producing industries were $43.37 per hour worked,while compensation costs for workers in service-providing industries were $38.86. Employer costsfor union workers in goods-producing industries were $56.70, while nonunion worker costs were$40.93. Total compensation costs in service-providing industries averaged $51.64 for union workersand $37.90 for nonunion workers. (See tables 4 and 5.)
Total compensation costs for full-time workers averaged $45.78 per hour worked, wages and salariesaveraged $31.62, and benefits were $14.17. Part-time workers cost employers $21.28 in totalcompensation, $16.98 in wages and salaries, and $4.30 per hour worked in benefits. Full-timeworkers within service-providing industries cost employers $46.30, including $32.15 for wages andsalaries, and $14.15 for benefits, while part-time worker costs were $21.20, including $16.93 forwages and salaries, and $4.27 per hour worked for benefits. (See table 5.)
Employer Costs for Employee Compensation for December 2022 is scheduled to be released onFriday, March 17, 2023, at 10:00 a.m. (ET).
Employer Costs for Employee Compensation Technical Note
Table 2. Civilian workers by occupational and industry group
Table 3. State and local government workers by occupational and industry group
Table 4. Private industry workers by occupational and industry group
Table 5. Private industry workers by bargaining and work status
Table 6. Private industry workers by establishment size and industry group
Table 7. Private industry workers by census region and division
HTML version of the entire news release
Original source can be found here