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2. Summary of Findings

1. Fringe payments vary widely among the 1,020 reporting companies, ranging from less than 6% to over 60% of payroll.

2. The average payment in 1957 was 21.8% of payroll, 47.4¢ per payroll hour, or $981 per year per employee.

3. Industry payments ranged from 13.4% for hotels to 31.7% for banks, finance and trust companies.

4. Highest payments were made in the North East, followed by the East North Central, the Western, and South Eastern regions.

5. In a majority of industries fringe payments were higher than average for the larger companies, and lower than average for the smaller companies.

6. Payments for pensions were reported by 81% of the companies, with pension payments in these companies averaging 5.1% of payroll,

7. Ninety-seven per cent of the companies reported payments for employee insurance programs, with payments averaging 2.3% of payroll.

8. Payrolls of reporting companies included 93.9% for straight time, 2.8% for overtime premium pay, 0.4% for holiday premium pay, 0.5% for shift differential, 1.8% for earned incentive or production bonuses, and 0.6% for other payroll items.

9. Employee payroll deductions for fringe benefits included 2.1% for Old-Age and Survivors Insurance, 0.1% for Railroad Retirement, state cash sickness, and similar programs, 0.5% for pensions, and 1.1% for life, hospitalization, surgical and other insurance.

10. Fringe payments for 102 identical companies increased from 15.0% in 1947 to 16.9% in 1949, 18.7% in 1951, 19.6% in 1953, 21.7% in 1955, and 23.7% in 1957.

11. When a worker is hired today, or a new wage contract is agreed upon, the wage rates established no longer measure the cost of hiring labor, and the number of hours actually worked no longer measure the number of hours for which the employer must pay.

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Under 6.0%
6.0 7.9
8.0— 9.9
10.0–11.9
12.0-13.9
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16.0–17.9
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20.0—21.9
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0 23.9 24.0—25.9 26.0—27.9 28.0—29.9 30.0—31.9 32.0—33.9 34.0—35.9 36.0—37.9 38.

0 39.9 40.0 and over

17 26

Under $200

200 249 250 299 300— 349 350— 399 400— 449 450— 499 500—549 550-599 600— 649 650699 700 749 750 — 799 800— 849 850— 899 900- 949 950— 999 1000-1099 1100—1199 1200-1299 1300—1399 1400-1499 1500—1599 1600-1699 1700-1799 1800—1899 1900 1999 2000 and over

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Under 8.0¢

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039.9 40.0—41.9 42.0–43.9 44.0–45.9 46.0—47.9 48.0_49.9 50.0—54.9 55.0-59.9 60.0—64.9 65.

069.9 70.0-74.9 75.0–79.9 80.0—84.9 85.0—89.9 90.0 and over

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payroll for fringes, while one-fourth paid more than 25.6%, as shown in Table 2. Half the firms paid more than 21.0%, three-fourths more than 16.6%, and nine-tenths more than 13.3%. The arithmetic mean or average payment was 21.8%. This was somewhat larger than the middle payment of 21.0%, since it was influenced by the high paying companies.

Corresponding data as cents per payroll hour and

annual dollars per employee are also shown in Table 2.

Within individual industries fringe payments also varied widely. Payments in the food industry varied from less than 8% to over 32% of payroll. Textile industry payments varied from less than 10% to over 26%. The distribution of individual company payments by industry is shown in Table 3.

TABLE 2. Five Levels of Fringe Payments, 1937

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TABLE 3. Distribution of Fringe Payments as Per Cent of Payroll, by Indastry Groups, 1937

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TABLE 4. Fringe Payments by Type of Payment, 1937

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