123RF.com/Andriy Popov

About a quarter (23 per cent) of full-time American employees don’t receive workplace benefits such as health insurance, paid vacation or a retirement savings plan, according to a survey by business-to-business research firm Clutch.

The survey also found that health insurance is the benefit most valued by employees, with 55 per cent reporting it has the most impact on their job satisfaction. About a fifth (18 per cent) of respondents said paid vacation time is the most valuable benefit and about 10 per cent cited retirement funding.

Read: Why startups should resist the allure of a Cadillac benefits plan

Among respondents who do have workplace benefits, 32 per cent aren’t satisfied. More than half (52 per cent) of these respondents said they want more of a benefit they already have, while 14 per cent said they want different benefits than the ones they currently receive.

The survey also found that childcare benefits are uncommon for U.S. employees, with just eight per cent of respondents reporting they receive a form of childcare stipend, and just 21 per cent receiving paid parental leave.

When it comes to the most commonly offered benefits, paid vacation (65 per cent) and health insurance (62 per cent) ranked the highest among survey respondents, followed by retirement savings plans (53 per cent), overtime pay (47 per cent), paid medical or bereavement leave (46 per cent) and disability or life insurance (44 per cent).

Read: What do Canada’s provinces offer around bereavement leave?

Copyright © 2020 Transcontinental Media G.P. Originally published on benefitscanada.com

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