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News
One in three employer compensation dollars now goes to benefits
4+ day, 1+ hour ago (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...
Taiwan labour insurance hike adds $413m to business costs
2+ week, 5+ day ago (215+ words) More than 10.51 million workers will pay higher contributions next year. Taiwan’s labour insurance contribution rate will rise by 0.5 percentage point to 13% in 2027, reaching the statutory ceiling under the Labour Insurance Act. The increase is expected to raise insurance costs for…...