National Policies & Benefits Survey Summary
MEA recently conducted the 2021-2022 National Policies & Benefits Survey along with other participating employer associations across the United States. 1,265 employers organizations participated in the survey. Organizations answered 332 multiple choice or fill in the blank questions about their HR policies & benefits offered.
87.2% of the participating organizations have an employee count of 499 or less. In other words, the survey is a true representation of mid-market trends. Specifically, 43.7% of respondents come from organizations with 1-99 employees, while 43.5% of respondents come from organizations with 100-499 employees. A small 12.8% of respondents come from organizations with over 500 employees.
Companies with revenue between $0-24.9 Million make up the largest segment of respondents with 44.7%. A majority of the respondents come from the combined services sector (51.4%) with manufacturing the next largest sector (42.1%).
They survey is divided into sections and covers these nine topics:
- health and welfare benefits
- retirement benefits
- miscellaneous benefits
- pay practices
- working conditions
- paid time off
- part-time employees
- recruitment training development
- employee/community relations
According to the 2022 EAA National Policies & Benefits Survey, here are some key takeaways:
- PPO is the most popular medical plan. In many cases, employees select this plan over the HMO and High Deductible Health Plan.
- On average, professional, supervisory, and management employees earn 11.1 days of PTO their first year of employment, 15.1 days of PTO for five years of employment, and 18.4 days for 10 years of employment.
- The average amount of paid holidays (including floating holidays) given to employees in 2022 is 9.
- Most employees who contribute to a 401K plan put in somewhere between 3-3.9%.
- When it comes to training, employees are interested in leadership, supervisory, and coaching.
- Employers reimburse $5,000 or more a year for non-union employees.
- A majority of respondents have compensation programs in place with the most popular compensation program being market pricing.
- A majority of employers who provide their employees with work phones pay the cost of the phone.
If you’re interested in obtaining a copy of the full report and are not a Member of the MidAtlantic Employers’ Association, please contact us.
MEA Members can download a copy of the survey from the Help Center. Members can also access other regional and national surveys from the Help Center such as the 2021-2022 EAA National Wage & Salary Survey, 2022 EAA National Policies & Practices Survey, and more.