What average percentage of compensation do employee benefits represent in the general population?

Employee benefits typically represent a significant portion of total compensation for workers in the general population. Research indicates that, on average, employee benefits account for approximately 37% of total compensation costs. This encompasses various types of benefits, including health insurance, retirement plans, paid leave, and other perks that employers provide to attract and retain talent.

The 37% figure reflects the increasing emphasis that employers place on benefits as a key element of overall employee compensation packages, driving the need for effective management and understanding of these benefits within the context of disability management. This average percentage serves as a benchmark for organizations aiming to align their compensation strategies with industry standards while ensuring they meet the needs of their workforce.