... , benefits cost employers 41 percent of pay, up from 37.7 percent in 1985, and cost employees an average of 13 percent of pay, up from 8.5 percent in 1985 (www.workforce.com). Fifteen years ago, a typical benefits package consisted of life and health insurance, and an employee-paid pension plan. Today, most employers offer many more benefits and have shifted the risk ... receive the biggest bang for his ever-increasing benefit dollar, and the employee will have a clearer picture of his overall situation, and a more favorable outlook on the employer (www.workforce.com). ERISA and fiduciar...
- Word Count: 1636
- Approx Pages: 7
- Grade Level: Undergraduate