Majority of Workers Say Benefits Package is Important

The vast majority of workers rate employer-sponsored benefits as an important consideration when deciding to take a job, according to a survey by the Employee Benefit Research Institute (EBRI).

High take-up rates are usually seen whenever benefits are offered to workers, the survey reveals. Results show 75% of respondents state the benefits package an employer offers prospective workers is extremely or very important in their decision to accept or reject a job.

Among those workers offered benefits, 80% or more signed up for health, dental, and retirement benefits. Health insurance was rated the most important compared to any other work place benefit, with 86% of workers reporting employment-based health insurance is extremely or very important.

There were mixed responses with regard to workers’ comfort in having employers choose their benefits provider. Workers also think the possibility that they may have to pay the full cost of any voluntary benefits is a strong or moderate disadvantage.

Additional findings from the “2014 Health and Voluntary Workplace Benefits Survey” can be found here.