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FRED Blog: The Growth in Non-Wage Benefits

A recent FRED Blog post looked at the percentage of employee compensation that goes to "supplements"—employer contributions for retirement funds, health, and other insurance, as well as employer contributions for government social insurance (like Social Security and Medicare). Though these contributions made up only 8% of compensation in 1950, the portion increased steadily to around 18% in 1990. It has stayed more or less stable at 17-20% of employee compensation for the past thirty years.

Read the full post here