Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Paid Leave in Private Industry Over the Past 20 Years
U.S. Bureau of Labor Statistics [BLS] Aug. 3, 2013
"[In 2012, 72 percent] of workers received both paid holidays and paid vacations, and 61 percent were covered by sick leave plans. For employers, the cost for providing these benefits to employees was $1.98 per hour worked, and these benefits made up 6.9 percent of total compensation.... The eligibility for paid leave has undergone change over the past 20 years. While fewer workers enjoy paid vacations, employers are increasingly providing access to sick leave, personal leave, and family leave.... [In March 1992,] the employer cost per employee hour worked for paid leave was $1.09 or 6.8 percent of total compensation[.]"
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