JD1
Registered User
- Sep 12, 2005
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From the Treasury Board of Canada website:
https://www.tbs-sct.gc.ca/report/orp/2007/er-ed/vol2/vol202-eng.asp
"In aggregate, employer‑paid components other than regular salary amount to about 38% of total regular pay. "
So my 40% seems like a solid number.
The phrase you originally used was loaded cost of labour. I used the term total compensation. This article is about total compensation. These terms mean different things.
What you've quoted here is an archived total cost of compensation study from 14 years ago. Over the past 14 years, pubic servants have started to pay a higher %age for all of their benefits and their employer, the govt, has paid less. As a result, from the govt perspective, the total cost of compensation is not as large a percentage as it used to be of total salary. The nice little graphs also include various payroll taxes, OT, variable allowancew etc.
So, start at the 38%, back out items that are not included in total cost of compensation and then try to assess the decrease in the govt's contribution to benefits and pretty soon you'll get down to the 20% number I quoted.