We sure are making progress in the world
 

"Eisboch" wrote in message
...

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

That is a bit light by the time you throw in all the state and fed mandated
crap.

We sure are making progress in the world
 

"P. Fritz" paulfritz ATvoyager DOTnet wrote in message
...

"Eisboch" wrote in message
...

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

That is a bit light by the time you throw in all the state and fed
mandated crap.






Sounds about right. When I owned a small company in the 1980 time frame, we
figured 24% for FUTA, Workman's comp, etc. This did not include medical
insurance.