Worker compensation highest in the Northeast

Posted: September 25, 2007

Employer costs for employee compensation in the Northeastern United States in June were $29.71 per hour, the highest in the nation, the Bureau of Labor Statistics said today.

Of the total, 69.6 percent, or $20.69, was for wages and salaries, and the rest was for benefits. Legally required benefits such as Social Security contributions averaged $2.47 an hour in the Northeast. Voluntary benefits such as vacation and sick time averaged $2.25 an hour, while insurance such as life and health averaged $2.20 per hour, the government said.

Within the Northeast, the total employer cost for employee compensation in the Middle Atlantic states was $29.67 an hour, and it was $29.81 in New England, the highest of any part of the country. The government defines the Middle Atlantic states as Pennsylvania, New Jersey and New York.

Nationally, businesses' hourly costs for worker compensation were $25.93 in June. Regionally, costs were $27.75 in the West, $25.08 in the Midwest, and $23.21 in the South.

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