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Benefits February 7, 2001
Benefit Packages Reflect Regional Differences
February 7, 2001 (PLANSPONSOR.com) - Tight labor
markets are apparently resulting in wide differences, both
regionally and demographically, in benefit
packages.
Reported by Nevin E. Adams
The 2001 Survey of Employee Benefits from Business & Legal Reports, Inc. found:
- While 37% of southern employers offered flextime, just 29% did so nationally
- Nearly half (43%) of employers in the Far West offered signing bonuses of $10,000 or more, compared with just 21% of those in the Southwest, and 25% in the East
- More than three-quarters (77%) of Northeastern employers offer a defined benefit pension plan to exempt employees, compared with only about half (52%) in the Southwest.
BLR publishes the Employee Benefits Survey yearly.
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