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Don White Don White is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 8,995
Default We sure are making progress in the world

Eisboch wrote:
"Harry Krause" wrote in message
. ..

Eisboch wrote:

"Eisboch" wrote in message
news:ycKdnQuxsuohZ2jZnZ2dnUVZ_vqdnZ2d@giganews. com...

"Harry Krause" wrote in message
...

I just checked with my son. Currently, his company (my old company) 's
health care costs are 16-18 percent of monthly payroll, not counting
dental plan insurance payments.

Eisboch


I worded that wrong. The monthly health care cost (not including dental)
makes up 16-18 percent of the monthly payroll.

Eisboch



At the large insurance company where I was a consultant, fringe benefits
and employer's share of SS were figured to add 40-50% to employee cost.
That included a very generous retirement plan.



Sounds like a familiar number.

Eisboch


Man...I should have gone to work stateside. We split almost 50/50 with
the Corp for our pension...until the plan showed a surplus. Then the
company took at least two long 3 to 4 year premium holidays.... leaving
a fully employee funded plan. The rank & file (plus managers) were the
only ones chipping in. (plus any interest earned on the investments)