10 December 2014

• Employer Costs For Employee Compensation — Q3 2014


All Civilian Workers: Employer costs for employee compensation for civilian workers averaged $32.20 per hour worked in September 2014. Wages and salaries averaged $22.13 per hour worked and accounted for 68.7 percent of these costs, while benefits averaged $10.07 and accounted for the remaining 31.3 percent.

Private Industry: Total employer compensation costs for private industry workers averaged $30.32 per hour worked in September 2014. Wages and salaries averaged $21.18 per hour and accounted for 69.8 percent of compensation costs, while benefits averaged $9.14 per hour worked and accounted for the remaining 30.2 percent.

State and Local Government: Employers spent an average of $43.56 per hour worked for employee compensation in September 2014. Wages and salaries averaged $27.89 per hour and accounted for 64.0 percent of compensation costs, while benefits averaged $15.67 per hour worked and accounted for the remaining 36.0 percent.

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2014 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


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