Employers’ Cost to Provide Employee Benefits Has Risen 24% Since 2001, New Analysis Finds
HR Daily Advisor
JULY 31, 2017
employers’ cost to provide employee benefits, measured as a percentage of pay, increased 24% between 2001 and 2015, fueled largely by a doubling in healthcare benefit costs, according to a new analysis by Willis Towers Watson, a leading global advisory, broking, and solutions company. of pay in 2001 to 18.3%
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