Wednesday, September 22, 2010

Employee compensation averages $29.39 an hour - Kansas City Business Journal:

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Of that, wages and salaries averaged $20.49, accountingy for 69.7 percent of costs. which averaged $8.90, accounted for the remaininh 30.3 percent of the cost for nonfarm, stats and local government The amount spent on costs for legallhyrequired benefits, including Social Security, unemployment insurance and workers’ compensation, averages $2.28 an hour. Employer costsw for life, health, and disability insurancee benefitsaveraged $2.52, while paid leave benefits (vacations, sick leave and personal averaged $2.08. Retirement and savings benefitsaveraged $1.31 per hour Among the four regions, costsz for health-insurance benefits ranged from $1.7 1 an hour in the South to $2.
29i in the Northeast. Health-insurance costs were $2.13 in the Midwestg and $2.05 in the West.

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