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Graph and download economic data for Employment Cost Index: Wages and Salaries: Private Industry Workers: Manufacturing (ECIMANWAG) from Q1 2001 to Q2 2025 about ECI, salaries, workers, private industries, wages, private, manufacturing, industry, inflation, and USA.
As of March 2024, employers of civilian, industry, and state and local government workers in the United States all averaged around 33 percent of their employee costs on benefits. The highest among them were those employing state and local government workers, who spent an average of 38.1 percent of their employee costs on benefits.
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Graph and download economic data for Employment Cost Index: Wages and salaries for Private industry workers in Leisure and hospitality (CIU2027000000000I) from Q1 2001 to Q1 2025 about leisure, hospitality, ECI, salaries, workers, private industries, wages, private, industry, and USA.
Data on annual payroll in the U.S. media industry in 2017 showed that the combined payroll of the software publishing industry was over ten billion U.S. dollars, whereas for sound recording industries the figure was jjust 2.2 million.
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United States - Employment Cost Index: Wages and salaries for Private industry workers in Transportation and warehousing was 183.90000 Index: Dec 2005=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Employment Cost Index: Wages and salaries for Private industry workers in Transportation and warehousing reached a record high of 183.90000 in January of 2025 and a record low of 88.80000 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employment Cost Index: Wages and salaries for Private industry workers in Transportation and warehousing - last updated from the United States Federal Reserve on August of 2025.
As of December 2024, it was calculated that the highest average total compensation cost to an employer for private industry workers was 46.38 U.S. dollars per hour worked for the goods-producing industry group. Employer costs for compensation for those working in goods-producing industries were higher than employer costs for workers in service-providing industries.
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Graph and download economic data for Employment Cost Index: Wages and salaries for Private industry workers in Accommodations and food service (CIS2027200000000I) from Q1 2003 to Q2 2025 about accommodation, ECI, salaries, workers, private industries, food, wages, services, private, industry, and USA.
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The Industry Productivity program produces annual measures of output per hour, unit labor costs, and related series for a select group of U.S. industries. Indexes and annual percent changes are available by industry for labor productivity (output per hour), output per person, real output, the implicit price deflator for output, labor hours, employment, labor compensation, and unit labor costs. Level data underlying the productivity and cost measures - including nominal value of production, labor compensation, total annual hours, and total annual employment - also are available.
For more information and data visit: https://www.bls.gov/lpc/
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Graph and download economic data for Manufacturing Sector: Unit Labor Costs for All Workers (PRS30006111) from Q1 1988 to Q1 2025 about cost, unit labor cost, sector, manufacturing, rate, and USA.
In 2022, advertising agencies across the United States had a combined payroll of over **** billion U.S. dollars, up from less than **** billion dollars a year earlier – an annual increase of nine percent. Meanwhile, public relations (PR) agencies' annual payroll rose more than ** percent to *** billion dollars in 2022.
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United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons was 132.01700 Index 2009=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons reached a record high of 132.01700 in January of 2025 and a record low of 83.73800 in October of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons - last updated from the United States Federal Reserve on July of 2025.
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Labour Costs in the United States increased to 122.24 points in the first quarter of 2025 from 120.57 points in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Payroll Outsourcing Services Market Size 2025-2029
The payroll outsourcing services market size is forecast to increase by USD 6.52 billion at a CAGR of 5% between 2024 and 2029.
The market is experiencing significant growth due to the increasing demand for payroll cost visibility. This trend is driven by the complexities and intricacies of modern payroll systems, which require advanced technology and expertise to manage effectively. Additionally, the rise of multi-country and centralized outsourcing models is contributing to market expansion. These models enable organizations to streamline their payroll processes across multiple locations, reducing administrative burdens and ensuring compliance with local regulations. However, the market also faces challenges related to geographical transitions. As companies expand their operations into new regions, they encounter difficulties in implementing consistent payroll processes and adapting to varying payroll laws and regulations.
These challenges require careful planning and strategic partnerships with experienced payroll outsourcing providers to navigate effectively. Companies seeking to capitalize on market opportunities and mitigate these challenges must prioritize payroll cost transparency, invest in advanced technology solutions, and establish strong relationships with reputable outsourcing partners. By doing so, they can optimize their payroll processes, reduce operational costs, and ensure compliance with local regulations.
What will be the Size of the Payroll Outsourcing Services Market during the forecast period?
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The market continues to evolve, driven by the dynamic needs of various sectors. Payroll management, compliance, software, and consulting services are integral components, seamlessly integrated to enhance payroll efficiency and transparency. Payroll automation and cloud-based solutions are gaining traction, enabling real-time processing and access to payroll data. Nonprofit organizations and educational institutions leverage payroll outsourcing for cost reduction and regulatory compliance. Enterprise payroll systems require ongoing maintenance and consulting to ensure optimal performance and adherence to tax regulations. Time and attendance systems, benefits administration, and payroll reporting are essential features that contribute to workforce management and employee engagement.
Payroll data privacy and security are paramount concerns, with payroll outsourcing solutions offering advanced encryption and access control measures. Payroll cost reduction and payroll system upgrades are ongoing priorities for small and medium businesses. The market also caters to industries such as retail, manufacturing, financial services, healthcare, and government, with tailored solutions addressing unique payroll challenges. Payroll outsourcing providers offer a range of services, from employee onboarding to payroll system implementation, ensuring payroll accuracy and compliance with ever-changing legislation. The market's continuous evolution reflects the evolving needs of businesses, enabling them to focus on their core operations while ensuring a seamless payroll process.
How is this Payroll Outsourcing Services Industry segmented?
The payroll outsourcing services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Hybrid
Fully outsourced
Type
Mid-market
National
Multinational
Enterprise Size
SMEs
Large Enterprises
Industry Vertical
BFSI
Healthcare
Retail
IT & Telecom
Deployment Type
Cloud
On-Premises
Geography
North America
US
Canada
Europe
France
Germany
Italy
Spain
UK
APAC
China
Japan
South America
Brazil
Rest of World (ROW)
By Product Insights
The hybrid segment is estimated to witness significant growth during the forecast period.
Payroll outsourcing services have gained significant traction among businesses, particularly in areas of human resources, government payroll, and talent acquisition. Payroll automation, a key component of these services, enhances efficiency and transparency while reducing the risk of payroll fraud. Medium businesses and retail industries often opt for payroll outsourcing to streamline operations and ensure compliance with complex payroll regulations. Cloud-based payroll solutions have become increasingly popular due to their accessibility and cost savings. Financial services firms and nonprofits also utilize payroll outsourcing for benefits administration and payroll system maintenance. Enterprise payroll services offer scalability and customization for large organizations, while consulting and technology
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The Industry Productivity program produces annual measures of output per hour, unit labor costs, and related series for a select group of U.S. industries. Indexes and annual percent changes are available by industry for labor productivity (output per hour), output per person, real output, the implicit price deflator for output, labor hours, employment, labor compensation, and unit labor costs. Level data underlying the productivity and cost measures - including nominal value of production, labor compensation, total annual hours, and total annual employment - also are available.
Manufacturing sector unit labor costs in the United States increased by 1.6 percent in the first quarter of 2025. The data are seasonally adjusted at annual rates. Unit labor costs describe the relationship between compensation per hour and productivity, or real output per hour, and can be used as an indicator of inflationary pressure on producers. Increases in hourly compensation increase unit labor costs; labor productivity increases offset compensation increases and lower unit labor costs.
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United States - Employment Cost Index: Wages and salaries for Private industry workers in Management, business, and financial was 165.00000 Index: Dec 2005=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Employment Cost Index: Wages and salaries for Private industry workers in Management, business, and financial reached a record high of 165.00000 in January of 2025 and a record low of 90.90000 in January of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employment Cost Index: Wages and salaries for Private industry workers in Management, business, and financial - last updated from the United States Federal Reserve on July of 2025.
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United States - Employment Cost Index: Wages and salaries for Private industry workers in All workers, excluding incentive paid was 171.60000 Index: Dec 2005=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Employment Cost Index: Wages and salaries for Private industry workers in All workers, excluding incentive paid reached a record high of 171.60000 in January of 2025 and a record low of 100.80000 in January of 2006. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Employment Cost Index: Wages and salaries for Private industry workers in All workers, excluding incentive paid - last updated from the United States Federal Reserve on July of 2025.
As of June 2021, it was calculated that the southern census region hosted the lowest average employer cost at 32.78 U.S. dollars per hour for private industry workers. Adversely, employers in the western part of the U.S. had to pay an average of 40.74 U.S. dollars an hour per private industry worker.
The personnel costs of the construction industry in Germany have increased a lot between 2020 and 2022. Personnel costs have continuously risen during the past decade years. On average, construction companies spent roughly 50,480 euros on each employee in 2022. Personnel costs are made up of wages, salaries and employers' social security costs. They also include taxes and employees' social security contributions retained by the employer, as well as the employer's compulsory and voluntary social contributions.
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Graph and download economic data for Employment Cost Index: Wages and salaries for Private industry workers in Transportation and warehousing (CIS2024300000000I) from Q1 2003 to Q2 2025 about ECI, warehousing, salaries, workers, transportation, private industries, wages, private, industry, and USA.
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Graph and download economic data for Employment Cost Index: Wages and Salaries: Private Industry Workers: Manufacturing (ECIMANWAG) from Q1 2001 to Q2 2025 about ECI, salaries, workers, private industries, wages, private, manufacturing, industry, inflation, and USA.