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· Absolute Shockers · ECONOMY

Nearly A Third Of Employers’ Costs Per Worker Goes To Benefits

We spotted an interesting statistic today - we have always heard this from people looking for jobs: "the pay is good - and benefits?" - remember this - 31 percent of employer's costs per worker goes towards benefits. It varies across industries, but that number - one-third - is a good representative number. (Source)

Health insurance is the big one, eating up some 8.5 percent of all the benefits. (Here are the actual numbers - the average employer costs for each worker per hour was $30.84. Of that total, $21.35 or 69% was for wages and salaries, the remainder went to benefits)

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