BENCHMARKING TOOL HOME HOW TO USE THE TOOL THE VALUE OF BENCHMARKING       Regional Insights       Company Size Insights       Company Type Insights       Industry Insights     Employee Job Type       Household Income Insights       Generation Insights       Life Stage Insights ABOUT THE DATA This annual Study is the source data for the Benefits Benchmarking Tool. It is unique in its scope and depth  and provides extraordinary levels of detail regarding benefits programs and perceptions of employers and employees. Access the Study

The competition to attract and retain experienced workers continues to intensify as Baby Boomers begin to reach retirement age. Given the importance of benefits in this competitive landscape, employer benefits strategies must address the needs of employees of all types – from the executive suite to blue collar workers. Benchmarking by broad employee job type – Executive, White Collar, Blue Collar – allows employers to design benefits programs that meet the needs of employee segments that can vary distinctly in attitudes and expectations. Consider the following examples: Employee Type Attitudes 49% of white collar workers cite employee benefits as an important reason why they remain with their employer while 10% fewer blue collar workers (39%) say the same. 63% of executives, 53% of white collar workers and 58% of blue collar workers have taken steps to determine their household’s life insurance needs. 73% of blue collar workers say HR meetings and seminars are helpful in making their benefits decisions compared to 64% of executives and 65% of white collar workers who say the same. Employee Type Benefits Offerings 39% of executives have a formal retirement plan compared to 22% of white collar employees and 26% of blue collar employees who have a formal plan. 46% of white collar workers are satisfied with the benefits they receive through their employer compared to 39% of blue collar workers. Enlarge | Download View Previous Insight   View Next Insight Source: 6th Annual MetLife Study of Employee Benefits Trends

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