Stone Garden Economics

Workers’ wages and salaries have been stagnant: A mere 0.9 percent in the five years from 2000 to 2004. In contrast, the value of pension contributions and health insurance has increased by 7.3 percent. What is this 7.3 percent increase in the dollar value of fringe benefits paid by employers worth to employees who have had almost no cash-in-the-wallet pay increase over the past five years? . . . → Read More: Cash or Fringe Benefits—Which Would You Rather Have?