02.06.2014 Views

STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Commitment to Benefits Spans Most Company Size Segments<br />

More than half of all employers with 500+ employees remain “highly” committed<br />

to benefits. Commitment is also noticeable among smaller employers.<br />

Employers who feel that offering competitive benefits is “not important” may be<br />

faced with financial constraints, or the nature of their business makes it impractical<br />

to offer and subsidize a wide range of employee benefits. These companies tend to<br />

have the following characteristics:<br />

■ Fewer than 100 employees<br />

■ Retail and sales/trade industries<br />

■ Located in the mid-west region<br />

Larger employers are somewhat more likely to rate their benefits as “generous.”<br />

Due to their size and economic power, they are able to offer a wider variety of<br />

programs and shoulder a greater share of the cost.<br />

COMMITMENT TO <strong>BENEFITS</strong> BY COMPANY SIZE<br />

47%<br />

56%<br />

57%<br />

51%<br />

Highly important to<br />

offer generous benefits*<br />

40%<br />

Not important to<br />

offer benefits †<br />

* 6–7 responses on 7-point scale<br />

† 1–3 responses on 7-point scale<br />

28%<br />

6%<br />

4%<br />

3%<br />

2%<br />

50–99 100–499 500–4,999 5,000–9,999 10,000+<br />

7

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!