Growth of specific fringe benefits, 1987–2013 (2013 dollars)
Voluntary benefits | Payroll taxes | Total benefits and nonwage compensation |
|||
---|---|---|---|---|---|
Year* | Pension | Health** | Subtotal | ||
Hourly benefits | |||||
1987 | $0.96 | $2.41 | $3.36 | $2.25 | $5.61 |
1989 | 0.78 | 2.50 | 3.27 | 2.34 | 5.61 |
1995 | 0.80 | 2.25 | 3.05 | 2.44 | 5.48 |
2000 | 0.81 | 1.97 | 2.78 | 2.29 | 5.07 |
2007 | 0.99 | 2.43 | 3.42 | 2.51 | 5.93 |
2013 | 1.06 | 2.42 | 3.48 | 2.40 | 5.88 |
Annual dollar change | |||||
1989–2000 | $0.00 | -$0.05 | -$0.04 | -$0.01 | -$0.05 |
1989–1995 | 0.00 | -0.04 | -0.04 | 0.02 | -0.02 |
1995–2000 | 0.00 | -0.06 | -0.05 | -0.03 | -0.08 |
2000–2007 | 0.03 | 0.07 | 0.09 | 0.03 | 0.12 |
2007–2013 | 0.01 | 0.00 | 0.01 | -0.02 | -0.01 |
Annual percent change | |||||
1989–2000 | 0.4% | -2.1% | -1.5% | -0.2% | -0.9% |
1989–1995 | 0.5 | -1.7 | -1.2 | 0.6 | -0.4 |
1995–2000 | 0.3 | -2.6 | -1.8 | -1.3 | -1.6 |
2000–2007 | 3.0 | 3.0 | 3.0 | 1.3 | 2.3 |
2007–2013 | 1.2 | -0.1 | 0.3 | -0.7 | -0.1 |
* Data are for March.
** Deflated by medical care price index
Source: Authors' analysis of Bureau of Labor Statistics Employer Costs for Employee Compensation public data series
UPDATED FROM: Table 4.9 in The State of Working America, 12th Edition, an Economic Policy Institute book published by Cornell University Press in 2012