What costs should I consider for health benefits when negotiating my salary?
Posted by Dolores
MM asked:
I don’t know how expensive it is for a company in general to add an employee to their health plan; and I am trying to figure out a negotiation price for my salary, can you give me some help on this. How much benefit costs should i consider in relation to my salary?
Its a mid-small sized company with about 40 employees
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I don’t know how expensive it is for a company in general to add an employee to their health plan; and I am trying to figure out a negotiation price for my salary, can you give me some help on this. How much benefit costs should i consider in relation to my salary?
Its a mid-small sized company with about 40 employees
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September 8th, 2009 at 10:50 am
health
Insurance costs will vary by size of the organization (and thus their negotiating leverage), as well as by your region of the country. I’d count on your total benefits package to add somewhere between 25% to 33% on top of your salary.
Your mileage may vary.