STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential
STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential
STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential
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Interest in Lifestyle Benefits Varies Widely by Region, Size, and Industry<br />
Plan sponsors in the northeast are most likely to offer flexible workplace arrangements,<br />
while those in the south and west are the most likely to be implementing healthy<br />
lifestyle programs.<br />
Across all size segments, more plan sponsors are working toward addressing employee<br />
concerns about living a healthy lifestyle and expect to implement programs over the<br />
next 10 years. While larger companies (5,000+ employees) can provide a wider array<br />
of benefits in general, many smaller firms are making strides in promoting healthy<br />
lifestyle programs and work/life balance.<br />
Financial and services firms are among the most receptive to flexible workplace<br />
arrangements, since the work is conducive to such arrangements in these industries.<br />
Companies in manufacturing, sales, and heavy industry have less opportunity to<br />
offer flexible hours and paid time off so they appear to be focusing on healthy<br />
lifestyle programs.<br />
EMPLOYER INTEREST IN ADDRESSING <strong>EMPLOYEE</strong> LIFESTYLE NEEDS—BY REGION<br />
38%<br />
43%<br />
50%<br />
51%<br />
66%<br />
30%<br />
24%<br />
31%<br />
34%<br />
83%<br />
57%<br />
41%<br />
25%<br />
29%<br />
34%<br />
52%<br />
36%<br />
32%<br />
32%<br />
39%<br />
Highly important<br />
to employees<br />
Expect to address by 2010:<br />
Northeast<br />
Midwest<br />
South<br />
West<br />
Healthy Lifestyle Flex/Generous PTO Flexible Workplace Counseling<br />
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