Posted
4:22 PM
by Michael Fox
Released this month is a study funded by the Small Business Administration, Office of Advocacy. The purpose:
This study examines the cost of the benefits that employers provide to their workers and how these costs vary with company size. It focuses on benefits that employers voluntarily provide: health insurance, private pension plans, paid vacation, and sick leave.
Thanks for the information. The survey on cost is particularly interesting because it provides a check and alternative to the U.S. Bureau of Labor Statistics (BLS) estimate of the value of an employer's fringe benefit package.
Interesting, in a number of instances it looks like the SBA survey suggest that cost of providing benefits is HIGHER than suggested by the BLS.