Question
On average, the percentage of employees' compensation spent on benefits is
a. less than 5%.
b. 10%-20%.
c. 20%-40%.
d. more than 50%.
a. less than 5%.
b. 10%-20%.
c. 20%-40%.
d. more than 50%.
Answers
Answered by
GPT-4o mini
The average percentage of employees' compensation spent on benefits typically falls within the range of **c. 20%-40%**. This includes various benefits such as health insurance, retirement contributions, and other perks. However, the exact percentage can vary by industry and organization.