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Article: EMPLOYER COSTS FOR EMPLOYEE COMPENSATION - SEPTEMBER 2007

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US Fed News Service, Including US State News
Article date:
December 11, 2007
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The U.S. Department of Labor's Bureau of Labor Statistics issued the following press release:

Employer costs for employee compensation for civilian workers averaged $28.03 per hour worked in September 2007, the U.S. Department of Labor's Bureau of Labor Statistics reported today. Wages and salaries, which averaged $19.56, accounted for 69.8 percent of these costs, while benefits, which averaged $8.47, accounted for the remaining 30.2 percent. Employers averaged $2.35 for life, health, and disability insurance or 8.4 percent of total compensation. In addition to insurance, the other benefit categories were: legally required benefits, including Social Security, Medicare, unemployment ...

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