As of March 2024, it was calculated that the highest average total compensation cost to an employer for private industry workers was 43.78 U.S. dollars per hour worked for the goods-producing industry group. Employer costs for compensation for those working in goods-producing industries were higher than employer costs for workers in service-providing industries.
Average employer costs for private industry worker compensation in the United States as of March 2024 by industry group
(per hour worked in U.S. dollars)
includes costs for wages and salaries and benefits
Supplementary notes
Goods-producing includes mining, construction, and manufacturing. The agriculture, forestry, farming, and hunting sector is excluded.
Service-producing Includes utilities; wholesale trade; retail trade; transportation and warehousing; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration.
The source provides the following information about the sample size: "Data for this reference period were collected from a probability sample of approximately 29,600 occupational observations selected from a sample of about 7,400 private industry establishments and approximately 7,700 occupational observations selected from a sample of about 1,400 state and local government establishments that provided data at the initial interview."
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Bureau of Labor Statistics. (June 18, 2024). Average employer costs for private industry worker compensation in the United States as of March 2024 by industry group (per hour worked in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1126924/us-employer-costs-for-private-workers-by-industry/
Bureau of Labor Statistics. "Average employer costs for private industry worker compensation in the United States as of March 2024 by industry group (per hour worked in U.S. dollars)." Chart. June 18, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1126924/us-employer-costs-for-private-workers-by-industry/
Bureau of Labor Statistics. (2024). Average employer costs for private industry worker compensation in the United States as of March 2024 by industry group (per hour worked in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1126924/us-employer-costs-for-private-workers-by-industry/
Bureau of Labor Statistics. "Average Employer Costs for Private Industry Worker Compensation in The United States as of March 2024 by Industry Group (per Hour Worked in U.S. Dollars)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/statistics/1126924/us-employer-costs-for-private-workers-by-industry/
Bureau of Labor Statistics, Average employer costs for private industry worker compensation in the United States as of March 2024 by industry group (per hour worked in U.S. dollars) Statista, https://www.statista.com/statistics/1126924/us-employer-costs-for-private-workers-by-industry/ (last visited November 21, 2024)
Average employer costs for private industry worker compensation in the United States as of March 2024 by industry group (per hour worked in U.S. dollars) [Graph], Bureau of Labor Statistics, June 18, 2024. [Online]. Available: https://www.statista.com/statistics/1126924/us-employer-costs-for-private-workers-by-industry/
