Compdata Surveys & Consulting Blog

Leap Year: How Employer Benefits Plans Have Changed in the Past Four Years

Posted by KC Hall on Feb 29, 2016 8:55:08 AM

Today is Leap Day, the quirky extra day in February that comes once every four years. To honor the occasion, Compdata looked at employer-offered benefits and how they have changed over the last four years. Analyzing data from Benefits USA 2011/2012 and Benefits USA 2015/2016, here are four notable shifts in benefits since our last leap year:

Read More

Topics: Benefits, Trends, Benefits USA, Retirement Plans, wellness, Vacation, Medical Plans

Retirement Plans More Prevalent for Insurance Employees

Posted by Amy Kaminski on Sep 11, 2012 11:50:23 AM

The continued fluctuation in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2012 Compensation Data Insurance survey results indicate that 83.5 percent of employees were enrolled in a defined contribution plan. More than 61 percent of insurance employers surveyed reported offering a defined contribution plan only and 38.5 percent offer a defined benefit and contribution plan.

Read More

Topics: dataLink, Insurance, Retirement Plans

Retirement Plans Become More Prevalent for Not-For-Profit Employees

Posted by Amy Kaminski on May 18, 2012 10:02:37 AM

The recent volatility in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2011 Compensation Data Not-For-Profit survey results indicate that 66.9 percent of employees were enrolled in a defined contribution plan, virtually no change from the 66.8 percent reported in 2010. Just 6.1 percent of not-for-profit employers surveyed reported offering a defined benefit plan only, 50.4 percent offer a defined contribution plan only and more than 42.5 percent offer both.

Read More

Topics: dataLink, Not-for-profit, Retirement Plans

Retirement Plans More Prevalent for Manufacturing & Distribution Employees

Posted by Amy Kaminski on Apr 23, 2012 4:17:07 AM

The recent volatility in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2011 Compensation Data Manufacturing & Distribution survey results indicate that nearly 73 percent of employees were enrolled in a defined contribution plan, compared to 2010 where that number was a little more than 73 percent. Just 1.2 percent of manufacturers and distributors surveyed reported offering a defined benefit plan only, 68.9 percent offer a defined contribution plan only and more than 29 percent offer both.

Read More

Topics: dataLink, Manufacturing & Distribution, Retirement Plans

Retirement Plans Become More Prevalent for Utilities Employees

Posted by Amy Kaminski on Apr 10, 2012 6:48:02 AM

The recent volatility in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2011 Compensation Data Utilities survey results indicate that more than 82.4 percent of employees were enrolled in a defined contribution plan, compared to 2010 where that number was 80.5. More than 5 percent of utilities employers surveyed reported offering a defined benefit plan only, 25.7 percent offer a defined contribution plan only and more than 68 percent offer both.

Read More

Topics: dataLink, Utilities, Retirement Plans

Retirement Plans Become More Prevalent for Banking & Finance Employees

Posted by Amy Kaminski on Apr 10, 2012 5:40:24 AM

The recent volatility in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2011 Compensation Data Banking & Finance survey results indicate that 78.6 percent of employees are enrolled in a defined contribution plan, compared to 2010 where that number was 75.6. A little more than 1 percent of banking and finance employers surveyed reported offering a defined benefit plan only, almost 63 percent offer a defined contribution plan only and 35.8 percent offer both.

Read More

Topics: dataLink, Banking & Finance, Retirement Plans

Retirement Plans Become More Prevalent for Services Employees

Posted by Amy Kaminski on Mar 13, 2012 4:44:22 PM

The recent volatility in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2011 Compensation Data Services survey results indicate that more than 72 percent of employees are enrolled in a defined contribution plan, similar to 2010 where that number was 71.4. Less than 1 percent of services employers surveyed reported offering a defined benefit plan only, 70.3 percent offer a defined contribution plan only and more than 27 percent offer both.

Read More

Topics: dataLink, Services, Retirement Plans

Retirement Plans Become More Prevalent for Healthcare Employees

Posted by Amy Kaminski on Feb 7, 2012 10:00:58 AM

The recent volatility in the stock markets has once again shifted employees’ focus to retirement savings plans. While saving for the future is important, employees are questioning which options are the most beneficial. The 2011 Compensation Data Healthcare survey results indicate that nearly 63 percent of employees are enrolled in a defined contribution plan, up from 61 percent in 2010. Just 1.5 percent of healthcare employers surveyed reported offering a defined benefit plan only, 59.8 percent offer a defined contribution plan only and nearly 38 percent offered both.

Read More

Topics: dataLink, Retirement Plans, Healthcare

Subscribe to Email Updates

Commentary on the latest HR and compensation trends:

  • Quick stats
  • Deep dives
  • Tips you can use