According to the US Bureau of Labor Statistics, employer compensation costs for civilian workers averaged $ 39.01 per hour worked in March 2021. Wages and salaries were $ 26.84 for employers, while benefits were $ 12.18.
The total compensation cost for civil workers was $ 14.10 for the 10th wage percentile, $ 29.36 for the 50th (median) wage percentile, and $ 75.88 for the 90th wage percentile.
In March 2021, state and local government wages and salaries averaged $ 53.68 per hour worked. Wages averaged $ 33.20, accounting for 61.9% of employer costs, while social security costs averaged $ 20.47 and 38.1%, respectively. The total cost of compensation for state and local government employees in the 50th (median) wage percentile was $ 50.21.
Total employer compensation costs for private employees averaged $ 36.64 per hour worked. Wages averaged $ 25.80 per hour worked, accounting for 70.4% of employer costs. Social benefit costs averaged $ 10.83 per hour worked, accounting for the remaining 29.6%. The median employer cost (50th percentile wage) per hour worked was $ 26.88 for total compensation, $ 18.91 for wages and salaries, and $ 7.97 for benefits.
Total compensation costs for private employees ranged from $ 13.46 per hour worked in the 10th percentile to $ 71.99 in the 90th percentile. Wages and salaries were $ 10.94 per hour worked in the 10th percentile and $ 48.92 in the 90th percentile. Total service cost ranged from $ 2.52 per hour worked for the 10th percentile wage to $ 23.07 for the 90th percentile wage.
The highest cost per industry category was $ 73.12 for management, economics and finance, and the lowest was $ 20.94 for services. The average of all state and local government employees was $ 53.68. All unionized workers had a total pay cost of $ 50.73, including $ 35.46 for non-union workers.
Comments are closed.