A Hewitt Associates survey of major US companies found that group purchasing programs and onsite personal conveniences were up 5% and 4% respectively from last year.
Also enjoying growth are financial education/planning, personal/professional growth programs, elder care, child are and flexible scheduling.
Specifically, Hewitt researchers found that:
- the most common work/life benefit is some form of childcare assistance – offered by 94% of companies. Further, 91% of firms with a childcare benefit offer a dependent care spending account, while 43% run referral services.
- half the sample offer some form of eldercare help whether as dependent care spending or referral programs,
- 74% offer flexible work options. Of these, 59% allow flexible scheduling, 48% permit part-time employment, 30% go for working at home and 28% allow job sharing,
- the number of employers offering adoption benefits jumped from 32% last year to 34%, while the average maximum reimbursement also increased by more than $200 to $3,414,
- 80% offer personal growth opportunities including education reimbursement,
- over 40% of employers offer financial planning, college scholarships, and financial education workshops,
- 61% of companies offer at least one onsite personal service with an automated teller machine, dry cleaners, and travel agencies, among the most common, and
- 44% offer at least one group discount program including group auto or homeowners insurance, long-term care insurance, and group legal services.
The Hewitt work/life survey represents data from 945 major US companies, including 83% of the Fortune 100 and 55% of the Fortune 500 companies.
« Morningstar to Enter Index Game