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For many employees, benefits are an important component of their compensation. In fact, 64% of employees agree that the most significant consideration when searching for a new job is a raise in income and the value of the benefits offered by their new employer. While it’s hard to argue the advantages of having an attractive benefits package, benefits are a significant expense for employers. Data from the Bureau of Labor Statistics shows that, on average, the cost of benefits accounts for nearly 30% of compensation costs. Thus, employers can control these and other related expenses by working with top employee benefits brokers