This research article provides more detailed information to our consumers on the total cost of labor. We thank all employers who participated in this survey and helped us make it a success. Managerial and professional employees are more likely to receive benefits, as are employees in Public Administration and Mining.
Large companies are also more likely to provide benefits to their employees.
Introduction Benefits can be a large part of an employees compensation package, therefore wage information alone does not give an employee the full picture of the value of their total compensation. It also makes it difficult to make meaningful comparisons between different jobs since wages alone do not give the whole picture. Receiving a smaller wage may very well be offset by a better benefits package. Significant changes have also occurred in the type of benefits offered to employees, due to demographic changes. The rise of women in the workforce led to an increase in child day care benefits.