GITNUX MARKETDATA REPORT 2024

The Most Surprising Employee Benefits Industry Statistics in 2024

Statistic 1

"57% of employers offer paid parental leave."

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Statistic 2

"80% of large companies provide dental benefits to their employees."

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Statistic 3

"Health savings accounts (HSAs) are provided by 56% of mid-sized and large employers."

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Statistic 4

"Only 40% of U.S. workers are covered by disability insurance."

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Statistic 5

"Employee assistance programs (EAPs) are offered by 79% of employers."

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Statistic 6

"73% of employers view benefits as essential for attracting talent."

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Statistic 7

"59% of employees are more likely to stay at a job with a strong benefits package vs. higher pay."

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Statistic 8

"50% of employers offer wellness programs as part of their employee benefits package."

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Statistic 9

"68% of employers report that benefit packages play a significant role in employee retention."

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Statistic 10

"30% of companies offer student loan repayment assistance as a benefit."

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Statistic 11

"70% of employers offer mental health benefits."

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Statistic 12

"Employers spend an average of 31.7% of total compensation on benefits."

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Statistic 13

"85% of employees would prefer additional benefits over a pay raise."

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Statistic 14

"62% of employers offer life insurance to their employees."

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Statistic 15

"The average annual employer contribution to health insurance premiums is $7,188 for single coverage."

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Statistic 16

"403(b) plans are offered by 45% of educational institutions in the U.S."

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Statistic 17

"52% of small businesses offer employee benefits."

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Statistic 18

"60% of companies have increased their benefits offerings in the past 5 years."

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Statistic 19

"77% of employees say a good benefits package is an important factor in job decision-making."

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Statistic 20

"95% of full-time employees have access to retirement benefits."

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