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September 16, 2010

Costs of retirement and savings benefits for employers in private industry, June 2010

Retirement and savings benefit costs for private industry employers, by occupation, bargaining unit status, and industry, June 2010
Class of worker	Costs per hour worked	Costs as a percent of total compensation
Occupational group
Management, professional, and related	$1.89	3.9
Natural resources, construction, and maintenance	$1.60	5.1
Production, transportation, and material moving	$0.88	3.7
Sales and office	$0.63	2.9
Service	$0.21	1.5
Bargaining unit status
Union	$2.63	7.0
Nonunion	$0.78	2.9
Industry group
Goods-producing industries	$1.50	4.6
Service-providing industries	$0.85	3.2

These data featured in the TED article, Costs of retirement and savings benefits for employers in private industry, June 2010.