Company size may be a big factor in determining the breadth and content of a benefits program; it plays a significant role in the attitudes and expectation of both employer and employee. Employers offering the most appealing benefits packages as compared to their competition may gain an advantage, especially since 77% of the smallest employers and 89% of companies with 5,000 – 9,999 employees anticipate the competition for talent to increase over the next 18 months.

The MetLife Benefits Benchmarking Tool offers seven size categories – from 2 – 49 employees upwards to 10,000+ employees. Consider these examples of differences in benefits attitudes and offerings by company size:

Company Size Attitudes
• 84% of employees working for companies with 10,000 or more employees feel that retirement benefits affect employee loyalty.
• 31% of employees at companies with 2 – 49 employees say they are satisfied with their benefits compared to 53% of employees at companies with 5,000 – 9,999 employees.
• 75% of employees at companies with 50 – 199 employees say they plan to be with their employer 18 months from now compared to 67% of employees at companies with 10,000+ employees.

Company Size Benefits Offerings
• 88% of mid-sized companies (500 – 2,499 employees) and 93% of large companies (10,000+ employees) offer 401(k) plans compared to 62% of small companies (2 – 49 employees).
• 19% of employer with 50 – 199 employees offer Wellness Programs compared to 40% of companies with 200 – 499 employees and 53% of companies with 2,500 to 4,999 employees.
• 70% of employees at companies with 5,000 – 9,999 employees said their employer provided all necessary resources to make informed benefits decisions compared to 58% of employees at companies with 50 – 199 employees who said the same.

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