The average cost of employee benefits is about ____ percent of total compensation.

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20-07-2017
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The average cost of employee benefits is about ____ percent of total compensation.

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taskmasters taskmasters · Answer 1 · 2017-07-31T16:57:02+02:00

The answer to this question is that 30 percent of the total compensation is the average cost of employee benefits. Employee benefits are benefits given to employees which is in addition to the employee’s salary or wages. Employee benefits are also known as fringe benefits or perks of the employee’s. Having a medical and dental insurances, education assistance, vacation and sick leave pay, and meal allowances are the examples of employee benefits.