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Thursday, November 7, 2024

The State Treasurer's Office spent 1.9% more in 2021 in salaries

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The State Treasurer's Office paid $2.3 million in salaries in 2021, 1.9 percent more than the previous year, according to the Missouri Accountability Portal.

On average, the employer spent $40,724 on individual employees in 2021, 7.3 percent more than in 2020.

The national median hourly wage is $19.14, according to the most recent data from the Bureau of Labor Statistics. According to the OECD, the average yearly wage in the US is more than $60,000.

When calculating average compensation, only employees categorized as full time were included.

Top Missouri public employers paying the most in total salaries in 2021
RankEmployerAverage amount earned by employee from previous year% Difference in Amount Earned
1The Department of Corrections$30,58166.3%
2The Department of Mental Health$27,43551%
3The Department of Public Safety$31,86140.5%
4The Department of Social Services$28,06964.9%
5The Department of Transportation$32,4621.4%

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