ECEC

Worker Costs for March 2010

The March 2010 employee costs report was released today. The average wage is $20.67/hr. Benefits costs average $9.71/hr. This brings wages and benefits employer costs to a whopping total (sic) of $29.71/hr. Believe this or not, state and local government workers are the last holdouts in terms of getting good benefits.

Total employer compensation costs for private industry workers averaged $27.73 per hour worked in March 2010.