Comp Home | BLR Home | HR.BLR.com | Safety.BLR.com | Enviro.BLR.com | Free Newsletters
Login Become a Member
BLR -- Business & Legal Reports Compensation.BLR.com -- Where Employers Go for Reliable Compensation Data and Tools
You are NOT logged in
 
Library
Salary Center

Benefits Center

Performance Appraisals
Advanced Search


Site Navigator
State-Specific Compensation Compliance Information


Compensation Topics
 
 A to Z Topic List
Topics by Category:
 • General
 • Minimum Wage
 • Overtime & Exemptions
 • Benefits
 • Wage & Payment Laws
 

Compensation Library
 
 Legal Analysis
 • State/Federal Differences
 Survey Reports
 • Pay Budgets
 • Exempt Compensation
 • Nonexempt Compensation
 

 
 Tools
 • Salary Center
 • Calculators
 • Job Descriptions
 • Performance Appraisals
 • Forms
 • Model Policies
 • Checklists
 

 
 Best Practices
 • Feature Articles
 • White Papers
 

 
 Daily News
 

 
 Compensation Ezine
 

 
 Compensation Links
 

Ask the Compensation Experts

RSS Compensation News Feed

HR Conferences

Tell a Friend

Related Websites
BLR
HR.BLR.com
Enviro.BLR.com
Safety.BLR.com
 
Life Insurance—News


01/28/2004
Benefits Take Bigger Bite

 Related Resources
White Papers
Feature Articles
Questions & Answers
Send this article to a friend
Print this article

Employee benefit costs rose to 42.3 percent of payroll costs in 2002, up from 39 percent in 2001, according to a survey by the U.S. Chamber of Commerce.

Workers at companies participating in the survey received an average of $18,000 worth of employee benefits in addition to wages, according to the survey of nearly 400 companies. Of that amount, nearly $6,300 went for medically related benefits, with another $5,000 toward payments for time not worked and $2,600 for retirement benefits.

The survey found that the most common benefits offered by employers continue to include health and life insurance; paid holidays and vacation; and retirement benefits.

"Despite rising costs, employers continue to offer a broad array of benefits to their workers," says Bruce Josten, Chamber executive vice president. "These higher costs are being paid voluntarily by employers and demonstrate a commitment to employees and to maintaining a strong workforce."
View more resources on Life Insurance.

Compensation Ezine
See this week's issue
Compensation Ezine
Find out how your company's pay and benefits policies stack up against the competition. Each issue features free compensation news, a timely poll, a tool of the week, in-depth white papers, a compensation Q&A and our popular "Odd Jobs" feature.
 
 

 



Compensation Ezine
Compensation news & best practices
HR Daily Advisor
Daily newsletter of quick HR tips, news, and practical advice
Strange But True
Weekly reports from HR's humorous side
Think you know a lot? Try the all-new HR Challenge!






We respect your privacy

Highlight
employee compensation

 Weekly Poll
 
Has the overall health of your workforce improved over the last 5 years?

Yes (thanks to wellness program, awareness, etc.)

No, it is about the same.

No, it has gotten worse.

 




spacer
spacer

 Plain-English... Practical... FREE!
  HR Daily Advisor
Compensation Ezine
  Safety Daily Advisor
Environmental Ezine
   

        We respect your Privacy

spacer
spacer
Comp Home | HR Conferences | Site Map | About this Site | BLR Home | About BLR | FAQs | Contact Us | Terms and Conditions | Related Links | Advertise
Questions? Call: 1-800-454-0404


Compensation Categories:
General Compensation | Minimum Wage | Overtime and Exemptions | Benefits | Wage and Payment Laws

Resource Types:
Compliance Resources: Regulatory Analysis | Overview |
Best Practices: White Papers | Feature Articles |
News: News |
Tools: Calculators | Checklists | Policies | Forms |
Other Resources: Questions & Answers | Job Descriptions |

Regulatory Analysis, News, and Training Resources for Every State

Other Web Centers:
BLR Home | Online Catalog | HR.BLR.com | Safety.BLR.com | Enviro.BLR.com

Surveys:
Employee Survey

©1997-2008 Business & Legal Reports, Inc. All Rights Reserved
No part of this site may be reproduced in any form without permission of Business & Legal Reports, Inc.