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Tim's Golden Nuggets OnTimeTraining.com
August 1, 2002

Employers Spent Nearly 15% of Payroll On Absence-Related Benefits

According to findings from the 2001 Survey on Employers' Time-Off and Disability Programs, employers spent an average of 14.6% of payroll on absence-related benefits in 2000. This was an increase of 0.3% over the previous year. Out of that 14.6 %, employers spent 10.2% on scheduled absence benefits such as vacations and holidays and 4.4% on unscheduled absence benefits such as incidental absence/sick days, short- and long-term disability, and workers' compensation.


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