1994 Employee Benefits in Private Industry — 1995-09-14

Most full-time employees of small establishments (fewer than 100 workers) in private industry are covered by diverse employee benefits in addition to their wages, as shown by 1994 data issued by the Department of Labor's Bureau of Labor Statistics. For example: Two out of three (66 percent) full-time workers in small establishments participated in a health benefits plan provided by their employers; Seven out of eight (88 percent) had paid vacation plans, and four out of five (82 percent) had paid holidays; One out of two (50 percent) had paid sick leave, and one out of four (26 percent) had employer-provided sickness and accident insurance plans; Three out of five (61 percent) participated in life insurance programs provided by their small-establishment employers; and Data are available on the incidence of 30 different employee benefits covered by the Employee Benefits Survey. For 15 major benefits, detailed data are available on specific provisions of the benefit plans for full-time employees.