Table Data - Labor Compensation for Professional, Scientific, and Technical Services: Accounting, Tax Preparation, Bookkeeping, and Payroll Services (NAICS 5412) in the United States

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Title	Labor Compensation for Professional, Scientific, and Technical Services: Accounting, Tax Preparation, Bookkeeping, and Payroll Services (NAICS 5412) in the United States
Series ID	IPUMN5412U110000000
Source	U.S. Bureau of Labor Statistics
Release	Industry Productivity
Seasonal Adjustment	Not Seasonally Adjusted
Frequency	Annual
Units	Index 2017=100
Date Range	1997-01-01 to 2023-01-01
Last Updated	2024-04-26 9:12 AM CDT
Notes	Labor compensation, defined as payroll plus supplemental payments, is a measure of the cost to the employer of securing the services of labor. Payroll includes salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind. Supplemental payments include both legally required expenditures and payments for voluntary programs. The legally required portion consists primarily of federal old age and survivors’ insurance, unemployment compensation, and workers’ compensation. Payments for voluntary programs include all programs not specifically required by legislation, such as the employer portion of private health insurance and pension plans.

DATE	VALUE
1997-01-01	42.927
1998-01-01	45.894
1999-01-01	49.659
2000-01-01	52.935
2001-01-01	53.974
2002-01-01	52.376
2003-01-01	52.731
2004-01-01	56.492
2005-01-01	60.374
2006-01-01	64.800
2007-01-01	69.880
2008-01-01	73.160
2009-01-01	70.797
2010-01-01	70.659
2011-01-01	74.166
2012-01-01	81.746
2013-01-01	83.068
2014-01-01	86.430
2015-01-01	92.400
2016-01-01	97.269
2017-01-01	100.000
2018-01-01	104.742
2019-01-01	109.070
2020-01-01	108.327
2021-01-01	117.949
2022-01-01	131.417
2023-01-01	138.433

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