2007/2008 Salary & Hiring Trends Guide
Company Benefits
As a result of the rising cost of health care, has your company
been forced to do any of the following?
What Health Care plan(s) does your company provide?
Over 91% of the companies surveyed offer a 401K plan.
Forty-two (42%) of those companies match 50% or more of the
employee’s contribution…
Companies that offer a 401K to their employees:
Below are the details on when they offer the plan to new
employees
Of the companies that are currently providing merit
increases, the average percent of an increase is as follows:
1 to 2%
|
2%
|
2 to 3%
|
5%
|
3 to 4%
|
64%
|
4 to 5%
|
16%
|
5 to 6%
|
8%
|
6 to 7%
|
2%
|
7 to 8%
|
3%
|
|
When are merit increases given?
Company Calendar
|
53%
|
Employee Anniversary
|
41%
|
Other
|
6%
|
|
Benefits offered by companies surveyed:
Benefit
|
2007
|
Medical
|
94%
|
Dental
|
92%
|
Life Insurance
|
86%
|
Parking
|
85%
|
Disability Insurance
|
80%
|
401(k)
|
79%
|
Vision
|
77%
|
Bereavement Leave
|
68%
|
Tuition Reimbursement
|
62%
|
Bonus
|
56%
|
Cafeteria/Break Room
|
55%
|
Exercise Facility/Discounts
|
33%
|
Pension
|
31%
|
Stock Options
|
22%
|
Profit Sharing
|
21%
|
Long Term Care
|
17%
|
Company Car
|
16%
|
Elder Care
|
9%
|
Commuter Checks
|
7%
|
Sabbatical
|
3%
|
|
Companies that are currently providing merit increases:
Job Title Descriptions