Compensation profile for service workers in service industries, 2019
Compensation component | Cost per hour worked, service workers in service industries, 2019 | Ratio of compensation component to pay |
---|---|---|
Pay (wages, salaries, supplemental pay) | $13.32 | |
Wages and salaries | $12.97 | 97.4% |
Supplemental pay (e.g., overtime) | $0.35 | 2.6% |
Paid leave (vacation, holiday, sick, personal) | $0.73 | 5.5% |
Insurance benefits and retirement benefits | $1.49 | 11.2% |
Legally required benefits | $1.60 | 12.0% |
Social Security and Medicare | $1.10 | 8.3% |
Unemployment insurance (state and federal) | $0.14 | 1.0% |
Workers’ compensation | $0.36 | 2.7% |
Source: Author's analysis of 2019 Employment Costs for Employee Compensation from the Bureau of Labor Statistics. https://www.bls.gov/web/ecec/ecsuphst.pdf and https://www.bls.gov/web/ecec/ececqrtn.pdf.