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Diane Publishing Books
Employee Compensation: Employer Spending on Benefits Has Grown Faster Than Wages, Due Largely to Rising Costs for Health Insurance and Retirement Benefits
Sigurd R. Nilsen (au)
Because most workers rely primarily on their employers to provide both wages & benefits as part of a total compensation package, the trends in the costs & availability of employer-sponsored compensation have a significant bearing on workers’ well-being. The fed. gov’t. provides tax subsidies for health insur. plans & qualified retirement plans, in addition to Social Security & Medicare programs. This report examines fed. data on private employers’ costs for active workers & sought perspectives from 17 experts to identify: recent trends in employers’ total compensation costs; composition of the trends; whether employees’ costs, participation, or access to benefits changed; & possible implications of the changes for private systems. Charts.
History of the New York Central System
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