A "hobo" clown at heart, down on my luck (previously but not now), but eternally optimistic :o)
Jan 11, 2010
Bucko's Bucks - Compensation and Benefits
Every year, we get a total compensation breakdown report from our company. As we have been hearing all the dialogue about benefits and compensation with Health Care Reform and Financial Controls, I thought it would be interesting to provide the breakdown for a company that has more than 20,000 workers ranging from union personnel all the way to the CEO.
So how does this $2.5 billion in pay and benefits break down?
Direct Compensation: 75.7%
Health Care Benefits: 10.2%
Insurance and Disability Benefits: 1.2%
Retirement Benefits: 12.3%
Other Comany-Provided Benefits: 0.6%