At a company with 500 or more employees, benefits are worth an average $ 14.50 per hour, or 34 % of total compensation. It drops from there: Companies with 100 to 499 employees earn $ 8.88 an hour in benefits, companies with 50 to 99 employees provide $ 7.54 per hour in benefits and the little, under-50 companies provide just $ 5.82 per hour in perks.
But it could also be due to executive compensation, of course. Averages can be seriously skewed by outliers, and we’ re guessing there are very few companies with less than 50 employees that can afford to give their CEOs millions in compensation.
What It Means for You
There are a couple of takeaways here,
whether or not you love or hate corporate culture:
1. Working for a small, fun company may come with a tradeoff in terms of pay and especially benefits. You have to know what is important to you personally.
2. Negotiate not just your salary, but your benefits as well, as they can make up a large part of your compensation. TQR
Contributed by LearnVest. com. Learn more at learnvest. com.
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