BENCHMARKING TOOL HOME HOW TO USE THE TOOL THE VALUE OF BENCHMARKING Company Size Insights Company Type Insights Industry Insights Employee Job Type Household Income Insights Generation Insights Life Stage Insights ABOUT THE DATA |
An individual’s personal ties to his or her community, such as home ownership, schools and proximity to family, can influence career decisions. Often, experienced workers may switch industries before they consider relocating to a different region when changing jobs.
Employers looking to design competitive, valued benefits programs need to be aware of local standards and employee expectations. Ensuring that benefits match or beat regional peers may be just as important as benchmarking against industry peers. MetLife’s Benefits Benchmarking Tool divides the United States into four regions: Midwest, Northeast, South and West. Consider these examples of regional differences in benefits attitudes and offerings:
Source: 6th Annual MetLife Study of Employee Benefits Trends
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