In the U.S., since the 1950s, the share of employee benefits as a percentage of total employee compensation:
A) has been increasing.
B) has been decreasing.
C) has been relatively stable.
D) has remained the same but has fallen in dollar terms.

Question

Quizplus · Accepted Answer

According to data from the Bureau of Labor Statistics, the share of employee benefits as a percentage of total employee compensation has been increasing since the 1950s. In 1950, benefits accounted for approximately 6.9% of total compensation, while in 2020 they accounted for approximately 30.0%. This trend reflects an increasing emphasis on health care, retirement plans, and other benefits offered by employers to attract and retain workers.

In the US, Since the 1950s, the Share of Employee Benefits as Benefits