Mississippi Business Journal » employment costs

Private-sector compensation costs near $28/hour

Wally Northway — Thu, 09 Sep 2010 10:42:31 +0000

WASHINGTON — Private industry employers spent an average of $27.64 per hour worked for employee compensation in June 2010, the U.S. Bureau of Labor Statistics reports. Wages and salaries averaged $19.53 per hour worked and accounted for 70.6 percent of these costs, while benefits averaged $8.11 and accounted for the remaining 29.4 percent. Total compensation [...]

The post Private-sector compensation costs near $28/hour appeared first on Mississippi Business Journal.

Compensation costs edge up

Associated Press — Mon, 01 Feb 2010 12:45:58 +0000

Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the three-month period ending Dec. 2009, the U.S. Bureau of Labor Statistics reports. Both components of compensation — wages and salaries (which make up about 70 percent of compensation) and benefits (which make up the remaining 30 percent of compensation) — increased the same [...]

The post Compensation costs edge up appeared first on Mississippi Business Journal.