3 ms·
IIRC, It was a tax benefit introduced to the employer back during WW2, those who were offering health benefits to their employees.
by splintercell 6y ago
IIRC, It was a tax benefit introduced to the employer back during WW2, those who were offering health benefits to their employees.
- willcipriano 6y agoIt was in response to a national wage freeze. Due to WW2 too few workers existed for the jobs available as such any one worker had incredible bargaining power. Wages were frozen by law[0] and firms found other benefits to offer in order to attempt to compete with each over for workers. [0]https://en.m.wikipedia.org/wiki/Stabilization_Act_of_1942 https://en.m.wikipedia.org/wiki/Stabilization_Act_of_1942