Average compensation costs exceed $27 per hour

Private industry employers spent an average of $27.42 per hour worked for total employee compensation in Dec. 2009, the U.S. Bureau of Labor Statistics reports. Wages and salaries averaged $19.41 per hour worked and accounted for 70.8 percent of these costs, while benefits averaged $8.00 and accounted for the remaining 29.2 percent. Total compensation costs [...] [...]