Employee benefits account for about over one-half of wages and salaries.

Name: Employee benefits account for about over one-half of wages and salaries.
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Question

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Benefits are a major expense for most employers.Employee benefits account for 33% to 40% of wages and salaries (or about 28% of total payrolls);legally required benefits (like unemployment insurance)are the most expensive single benefit cost,followed by health insurance.

Employee Benefits Account for About Over One-Half of Wages and Salaries