In the U.S., since the 1950s, the share of employee benefits as a percentage of total employee compensation

Name: In the U.S., since the 1950s, the share of employee benefits as a percentage of total employee compensation
Brand: Quizplus
Rating: 4.9 (42 reviews)

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 made up 5.9% of total compensation, and by 2018, they made up 30.2%.

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