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This article originally appeared in the April 2006 Issue of INSIGHT
TrendLine:
Employee Benefits Packages
| |
2006 | 2005 | 2004 | 2002 | 2000 | |
| Percentage of responding shops that offer an employee benefits package | 100% | 71% | 100% | 97% | 97% | |
| Benefits included in employee benefits package: | ||||||
| Sick days | 60% | 47% | 41% | 44% | 45% | |
| Vacation time | 100% | 97% | 100% | 99% | 96% | |
| Medical | 100% | 89% | 81% | 94% | 93% | |
| Dental | 75% | 58% | 65% | 54% | 56% | |
| Optical | 37% | 31% | 30% | 29% | 33% | |
| Life insurance | 59% | 47% | 51% | 44% | 52% | |
| Retirement fund | 75% | 78% | 81% | 71% | 55% | |
| Profit sharing | 19% | 14% | 30% | 24% | 26% | |
| Uniforms | 95% | 78% | 81% | 90% | 88% | |
| Educational courses | 89% | 83% | 70% | 84% | 81% | |
| Percentage of responding shops that include the employee's family in the offered benefits package: | 51% | 55% | 49% | 45% | 46% | |
| Do you feel that your employees would prefer more cash in their pay envelopes or expanded benefits? | ||||||
| More cash | 60% | 57% | 62% | 82% | 73% | |
| Expanded benefits | 40% | 43% | 38% | 18% | 27% |
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