I received an offer letter today and found it very odd that they included Medicare and Social Security contributions the company would make on my behalf. I thought such employer + employee contributions were necessary as part of the IRS law or something. Whatever they are they are certainly nothing worthy of consideration as a perk right? Seems like a cheap move to inflate total compensation numbers above what they should otherwise appear as with respect to figures people actually have control over.
Here's one source I've found on the subject.
An employer's federal payroll tax responsibilities include withholding from an employee's compensation and paying an employer's contribution for Social Security and Medicare taxes under the Federal Insurance Contributions Act (FICA).
Here's an even more definitive source source
Topic 751 - Social Security and Medicare Withholding Rates The current tax rate for Social Security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total. Refer to Publication 15, (Circular E), Employer's Tax Guide, for more information;