Monday, June 1, 2009

The Importance of Fringe Benefits

Fringe benefits currently account for about 30 percent of total compensation. Because these benefits are typically tax advantaged they have an even larger impact on our standard of living. A recent report by the Bureau of Labor Statistics highlights the recent growth in employer provided fringe benefits.

See:   Beyond Basic Benefits: Employee Access to Other Types of Benefits, 1979-2008 by John E. Buckley, Bureau of Labor Statistics

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