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Compensation costs for information industry averaged $57.29 per hour worked in December 2018
March 28, 2019
Employer costs for employee compensation for private industry workers averaged $34.05 per hour worked in December 2018. Wages and salaries averaged $23.85 per hour worked and accounted for 70.0 percent of these costs. Benefit costs averaged $10.20 and accounted for the remaining 30.0 percent. The information industry had the highest total compensation costs in December, $57.29 per hour worked, including $37.98 for wages and salaries and $19.31 for benefits.
Private industry employer costs per hour worked for employee compensation by major industry group, December 2018
Industry
Total compensation
Wages and salaries
Benefits
All workers
$34.05
$23.85
$10.20
Information
57.29
37.98
19.31
Financial activities
46.67
31.40
15.26
Professional and business services
40.65
29.25
11.41
Construction
39.19
27.12
12.07
Manufacturing
39.09
25.59
13.49
Education and health services
36.85
25.92
10.93
Other services
28.93
21.11
7.82
Trade, transportation, and utilities
28.22
19.82
8.40
Leisure and hospitality
15.40
12.05
3.35
Total employer compensation costs in December averaged $46.67 per hour worked in financial activities and $40.65 in professional and business services.
Employer compensation costs in leisure and hospitality averaged $15.40 per hour worked. Wages and salaries averaged $12.05, and benefit costs averaged $3.35.
United States Department of Labor
