Remove Bonuses Remove Manufacturing Remove Overtime Remove Pension
article thumbnail

Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

A recent study of manufacturing hourly compensation demonstrated a similar pattern for the main components (social insurance, wages or salaries, and direct benefits) paid by employers in Canada and Australia: The main divisions of employer costs for employee compensation under the BLS study are wages or salaries and benefits.

article thumbnail

How Gender Pay Gap Affects Your Business

Vantage Circle

IT services showed a clear pay gap of 26% in favor of men, and in the manufacturing sector, they earn 24% more than women. As a result, it reduces women’s lifetime earnings and also affects their pensions - one of the main causes of poverty that women face in their later life. A Little About Its History.

Salary 52