#### Computing the benefits advantage, 2018

2018 data | |
---|---|

A. Basic data | |

Ratio: Compensation to W-2 wages | |

K–12 teachers | 1.409 |

Professionals | 1.274 |

Estimated weekly wage penalty | -21.4% |

B. Benefits advantage analysis | |

W-2 wages | |

K–12 teachers* | 78.6 |

Professionals | 100.0 |

Compensation** | |

K–12 teachers | 110.7 |

Professionals | 127.4 |

Rescaled compensation*** | |

K–12 teachers | 86.9 |

Professionals | 100.0 |

C. Benefits advantage**** | 8.4% |

* 100 less estimated wage penalty

** Wage times compensation-to-wage ratio

*** Divide by professionals’ compensation, the benchmark, and multiply by 100

**** Subtract teachers’ W-2 wages from teachers’ rescaled compensation

**Note:** Numbers may not sum to totals due to rounding.

**Sources:** Benefits and wage data from Bureau of Labor Statistics Employer Costs for Employee Compensation data; wage penalty estimated with Current Population Survey Outgoing Rotation Group data