State:
September 01, 2005
These Sectors Offer Highest Level of Benefits

Employers in the utilities, mining, and pharmaceutical-manufacturing sectors offer high levels of employee benefits overall, but they still trail the government, education, and nonprofit sectors in providing benefits, according to a new study from Mercer Human Resource Consulting.

The study looked at more than 890 US employers, finding that benefit levels at government employers are 26 percent higher than the median benefit levels of employers across all industries. Benefit levels in education were 18 percent higher and 15 percent higher in large nonprofit organizations.

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For-profit industries providing high levels of benefits include utilities (12 percent higher than market median), mining (11 percent higher), and pharmaceutical and medicine manufacturing (10 percent).

In contrast, industries providing the lowest overall benefit levels are accommodation and food services (30 percent lower than market median), wholesale (28 percent lower), and retail (27 lower).

Employers in the Northeastern region of the United States offer the highest benefit levels overall, followed by those on the West Coast.

Read more about benefits on Compensation.BLR.com.


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