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Health benefit now No. 1 cost

Workplace survey details shifting

Kristen Gerencher
CBS MarketWatch
Aug. 8, 2004 12:00 AM

SAN FRANCISCO - The cost of providing health care to workers has surpassed that of paid leave as the most expensive benefit for employers, according to a new report.

In the first quarter of this year, medical benefits accounted for 23 percent of compensation not including wages compared with 22.6 percent for paid leaves, including vacations and sick time, according to a study from Employment Policy Foundation, an economic-research group that focuses on workplace issues.

Article from azcentral.com