In response to a new American Payroll Association survey showing 43% of employees valuing health benefits more important than higher wages, Dan Maddux, the group’s executive director has suggested that employees consider pretax voluntary payroll deductions and flexible spending accounts to ease the sting of rising health care costs and uncertainty about health care reform.
The Getting Paid In America survey of more than 31,000 U.S. adults, which was released during National Payroll Week to mark the most recent Labor Day, also found that about two-thirds of the respondents live paycheck to paycheck and most misperceive the cost of health care.
