Benefits penalty for private-sector part-time workers, 2018
Occupation group: | ||||||||
---|---|---|---|---|---|---|---|---|
All private | Service occupations | Blue collar | ||||||
Full time | Part time | Full time | Part time | Full time | Part time | |||
Compensation ($) | ||||||||
Total compensation | 39.86 | 18.00 | 19.28 | 13.15 | 30.66 | 17.67 | ||
W-2 wages | 31.84 | 15.04 | 15.29 | 11.16 | 23.29 | 13.35 | ||
Nonwage benefits | 8.02 | 2.96 | 3.99 | 1.99 | 7.37 | 4.32 | ||
Shares of compensation | ||||||||
W-2 wages | 79.9% | 83.6% | 79.3% | 84.9% | 76.0% | 75.6% | ||
Nonwage benefits | 20.1% | 16.4% | 20.7% | 15.1% | 24.0% | 24.4% | ||
Metrics | ||||||||
Compensation/wage ratio | 1.252 | 1.197 | 1.261 | 1.178 | 1.316 | 1.324 | ||
Part-time benefit penalty* | 5.5% | 8.3% | -0.7% |
* Percentage points by which the penalty for compensation exceeds that for wages alone.
Notes: W-2 wages are the sum of direct wages, paid leave, and supplemental pay. Nonwage benefits include insurance, retirement, and payroll taxes. Blue-collar occupations are production, transportation, and material moving occupations.
Source: Bureau of Labor Statistics Employer Costs for Employee Compensation data from June 2018 (BLS 2018)