Friday, March 12, 2010

Employee Benefits by Wage Level

The Bureau of Labor Statistics (BLS) recently reported results from the March 2009 National Compensation Survey. Their findings show variation in access to fringe benefits by a worker's level of earnings. For instance, of the U.S. workers with the lowest 10 percent of wages, 43 percent have access to vacation time. By comparison, 74 percent of earners in the top 10 percent of wages paid could take vacation days.

Similarly, U.S. workers with lower earnings said they had less access to defined-contribution retirement plans. Of high-earning workers, 68 percent had access to a defined-contribution retirement plan.

This pattern did not hold in all categories though: workers in the middle of the national earnings range had, on average, more access to holiday time than top earners.

The full BLS report provides more details! (

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