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Showing posts with label BizMojo Idaho Labor report. Show all posts
Showing posts with label BizMojo Idaho Labor report. Show all posts

Thursday, February 16, 2012

Labor Department report indicates more benefits offered in 2011

There's good news in the first report of 2012 from the Idaho Department of Labor, a survey of fringe benefits offered by employers in 2011.

More employers reported providing medical and dental benefits to their full-time employees, ending a decline that began in 2005 and returning the state estimates to pre-recession levels.

There's plenty to look at in the 49-page report, which can be viewed at http://lmi.idaho.gov/ResearchProjects.aspx

Here are some key points from the executive summary:
  • Employers indicated they were more likely to offer full‐time employees fringe benefits compared with part‐time employees.
  • Bigger companies offer better and more extensive benefit packages.
  • Industry sectors requiring more experience and education continued to offer more benefits than their counterparts in natural resources and mining, leisure and hospitality.
  • Region continued to be a non-factor in determining whether a firm offered any form of fringe benefits to employees.