![]() Total benefits averaged $12.71, or 29.2 percent of compensation costs. ![]() In the West, hourly wages and salaries averaged $30.81 and accounted for 70.8 percent of all compensation costs. Legally required benefits, which include Social Security, Medicare, unemployment insurance (both state and federal), and workers' compensation averaged $3.49 per hour and represented 7.5 percent of total compensation costs. Costs for insurance benefits, which include life, health, and short- and long-term disability averaged $3.56 per hour worked, accounting for 7.7 percent of total compensation costs. Paid leave which includes vacation, holiday, sick, and personal leave, averaged $3.66 per hour worked, or 7.9 percent of all compensation costs. In the Northeast, hourly total compensation costs in December 2022 were comprised of the following: wages and salaries ($32.26) made up 69.3 percent, while total benefits ($14.30) accounted for the remaining 30.7 percent of compensation costs. Employer costs per employee hour worked by region, private industry, December 2022 Private Industry
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