Small Business Reading Room

Monday, August 22, 2005

More interesting research from the Small Business Administration

A report from the SBA examines the costs of employee benefits to businesses of all sizes.

Cost of Employee Benefits in Small and Large Businesses, by Joel Poplin and Company illustrates the vast differences in amounts paid for health insurance by size of company and by industry. It is interesting to note that the largest companies pay the most, followed by the smallest companies and the mid range companies pay the least.

This report is rather dense, but it is full of food for thought. The condensed version is available also.

Imagine, the average cost of employee benefits is $7.40 per hour. What is the minimum wage in your state? In Delaware it is $6.15, but I guess these employees don't get much in the way of benefits.

The full version of the report makes a number of policy recommendations.


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