The Society for Human Resources Management (SHRM) has published its 2007 Benefits Survey, which reflects the responses of 590 human resource professionals around the U.S.
Among other information, the survey highlights the prevalence of benefits in different categories (as indicated by the percent of respondents whose organizations offer each type of benefit program).
Family-Friendly Benefits
- Dependent care flexible spending account (76%)
- Life insurance for dependents (65%)
- Flextime (58%)
- Health care benefits for dependent grandchildren (38%)
- Domestic partner benefits (same-sex partners) (33%)
- Domestic partner benefits (opposite-sex partners) (33%)
- Paid family leave (33%)
- Health care benefits for foster children (29%)
- Family leave above and beyond required federal FMLA leave (27%)
- Parental leave above and beyond required federal FMLA leave (21%)
- Adoption assistance (20%)
Health Care Benefits
- Prescription drug program coverage (95%)
- Dental insurance (94%)
- Vision insurance (79%)
- Employee assistance program (73%)
- Sec 125 medical flexible spending accounts (70%)
- Sec 125 health care premium-only plans (48%)
- Long-term care insurance (46%)
- Health care insurance for part-time workers (41%)
- Retiree health care benefits (35%)
- Health savings accounts (HSAs) (29%)
- Health reimbursement arrangements (HRAs) (29%)
- Health care premium discount for getting annual health risk assessment (12%)
- Employer-matched contributions to HSAs (11%)
Leave Benefits
- Long term disability (88%)
- Short term disability (81%)
- Paid sick leave (74%)
- Paid time off plan (sick, vacation and personal days all in one plan) (63%)
- Paid military leave (beyond what may be required by law) (29%)
- Time bank of vacation leave (donate vacation leave to other employees (22%)
- Paid adoption leave (20%)
- Time bank of sick leave (donate sick leave to other employees (16%)
Retirement Benefits
- Defined contribution retirement plan (83%)
- Employer match for defined contribution retirement plan (74%)
- Traditional defined benefit plan (provides retirees with guaranteed payment based on years of service and pay (40%)
- Retirement planning services (37%)
- Automatic enrollment into defined contribution retirement plan (new employees enrolled unless they opt out) (32%)
- Profit-sharing plan (16%)
- Stock purchase plan (16%)
- SERP (supplemental executive retirement plan)(15%)
- Cash balance plan (7%)
Source: July 31 issue of Employers Association NewsBytes, July 12 issue of CCH Benefits
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