Aon highlights ignorance of employee benefits

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96 per cent of British workers underestimate the true amount that employers spend on employee benefits, according to employee benefits specialists Aon Consulting.

In Aon's survey of over 1400 respondents, when asked how much they think their company spends on their benefits as a percentage of their individual salary, 60% said they thought it was no more than 10%. Just under half (42%) believed that a paltry 5% or less of their equivalent pay was put towards their benefits, while 28% had "no idea" at all. In reality, British companies typically contribute between 20%-40% of salary in additional benefits. Only 2% of those surveyed by Aon believed that their employer spent at least 20% of their salary on benefits. Examples of real company spend...

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