Was doing some research on average compensation last week and came across this interesting bit of information. This information is from the Employer Costs for Employee Compensation Summary put out by the Bureau of Labor Statistics.
In September 2008, private industry employer compensation costs averaged $27.07 per hour worked.
In September 2008, employer costs in state and local governments averaged $39.18 per hour worked.
On the face of it, I never thought there would be a differential between the two, never mind that much of one. Kinda yikes.
March 13, 2009 at 12:13 pm
Actually the report would be much less interesting if you had the capacity to read or understand what was contained within it.