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11/09/2008, 07h10
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The latest Employer Costs for Employee Compensation news release
The latest Employer Costs for Employee Compensation news release
(http://www.bls.gov/news.release/pdf/ecec.pdf) was issued today by the Bureau of Labor Statistics. Highlights are below. --------------------------------------------------------------------------- Employer costs for retirement and savings plans averaged $1.25 per hour worked in June 2008, which accounted for 4.4 percent of total compensation costs. Overall, employers spent an average of $28.48 per hour worked for compensation. Wages and salaries averaged $19.85 and benefits averaged $8.64. 
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