(Bloomberg) — If the rich get richer, one way is they have better insurance, heftier 401(k) plans, and a sturdier all-around benefits package. And the trend is making America's already wide income gap even worse.
Employers spend a median of 38 cents of each compensation dollar on benefits, according to an analysis by the Pew Charitable Trusts Foundation released on Thursday. But as compensation goes up, so do benefits. For every additional dollar of average hourly pay an employee gets, Pew finds, employers spend an additional 67 cents on benefits.
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