Recruitment Tips to Reduce Hiring Cost For Cash Strapped Businesses
HR Digest
MARCH 25, 2020
According to the Bureau of Salaries’ March 2019 Employer Costs for Employee Compensation report, salaries account for 70.1 per cent of total employee compensation. Benefits account for an average of 29.9 Hence, the salary plus benefits package for a $50,000/year employee could equal $62,500 to $70,000, he adds. .
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