Private employers spent an average of $32.06 per hour
worked for compensation in March 2016. Health insurance was the largest
individual employer benefit cost at $2.44, accounting for 7.6 percent of total
compensation costs.
EMPLOYER COSTS FOR EMPLOYEE COMPENSATION – MARCH 2016
Employer costs for employee compensation averaged $33.94
per hour worked in March 2016, the U.S. Bureau of Labor Statistics reported
today. Wages and salaries averaged $23.25 per hour worked and accounted for
68.5 percent of these costs, while benefits averaged $10.70 and accounted for
the remaining 31.5 percent. Total employer compensation costs for private
industry workers averaged $32.06 per hour worked in March 2016. Total employer
compensation costs for state and local government workers averaged $45.23 per
hour worked in March 2016.
Employer Costs for Employee Compensation (ECEC), a
product of the National Compensation Survey, measures employer costs for wages,
salaries, and employee benefits for nonfarm private and state and local
government workers.
Metropolitan area
costs in private industry
Total compensation, wages and salaries, and benefit costs
in private industry are included in this release for 15 combined and
metropolitan statistical areas (CSAs and MSAs). In March 2016, total compensation
costs for the 15 areas ranged from $50.66 per hour worked in the San Jose-San
Francisco-Oakland, CA CSA, to $28.34 per hour worked in the Miami-Fort
Lauderdale-Pompano Beach, FL MSA. (See chart 1 and table 15.)
Health insurance
costs in private industry
The average cost
for health insurance benefits was $2.44 per hour worked in private industry
(7.6 percent of total compensation) in March 2016. Among occupational
groups, employer costs for health insurance benefits ranged from 89 cents per
hour worked and 5.9 percent of total compensation for service workers, to $3.81
and 6.7 percent of total compensation for management, professional, and related
occupations. (See table 5.)
Employer costs for health insurance benefits were
significantly higher for union workers, averaging $5.76 per hour worked (12.6
percent of total compensation), than for nonunion workers, averaging $2.12 (6.9
percent). (See table 5.)
In goods-producing industries, health insurance benefit
costs were higher, at $3.39 per hour worked (8.8 percent of total
compensation), than in service-providing industries, at $2.25 (7.3 percent). In
goods-producing industries, health insurance benefit costs were $3.71 (9.6
percent of total compensation) for manufacturing and $2.72 (7.4 percent) for
construction. In service-producing industries, health insurance benefit costs
ranged from $4.76 (8.9 percent) for information to 75 cents (5.4 percent) for
leisure and hospitality. (See table 6 and chart 2.)
Among the four regions, costs for health
insurance benefits ranged from $2.13 per hour worked (7.2 percent of total
compensation) in the South to $3.00 (7.7 percent) in the Northeast. Health
insurance costs were $2.50 (8.5 percent) in the Midwest and $2.41 (7.3 percent)
in the West. (See table 7.)
Health insurance benefit costs increased, with
establishment size, by average hourly dollar amount and as a proportion of
total compensation. Establishments with fewer than 50 workers averaged $1.61
per hour worked (6.0 percent of total compensation); those with 50-99 workers
averaged $2.06 (7.3 percent); those with 100-499 employees averaged $2.72 (8.3
percent); and those with 500 or more employees averaged $4.27 (9.1 percent).
(See table 8.)
For information on health insurance provisions, see
National Compensation Survey: Employee Benefits in the United States, March
2015, at www.bls.gov/ncs/ebs/benefits/2015/benefits.htm and National Compensation
Survey: Health and Retirement Plan Provisions in the United States, 2015, at www.bls.gov/ncs/ebs/detailedprovisions/2015/ownership/private/ebbl0058.pdf.
Other benefit
categories in private industry
Private industry employer costs for paid
leave averaged $2.20 per hour worked (6.9 percent of total compensation),
supplemental pay averaged $1.16 (3.6 percent), insurance benefits averaged
$2.59 (8.1 percent), retirement and savings averaged $1.23 (3.8 percent), and
legally required benefits averaged $2.54 (7.9 percent). (See table A and table
5.)
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