4 ms·

Does this still hold when health insurance is factored out?

• refurb 9y ago
  I'm guessing it changes it considerably. In other words, total comp is going up, but much of it is being funneled towards ever more expensive healthcare. However, for business, the cost is just as real as giving employees a higher salary.
  • astura 9y ago
    The cost is lower because employer paid premiums for health insurance are tax exempt. That being said, it ends up as a tax on dual income households, I don't get paid more if I opt out of my employer's health insurance even though it saves them a significant amount of money (~$5,000 a year). That's at the employer's discretion but in my experience most employers don't come close to matching compensation.