As the workforce evolves so do the preferences and expectations of employees. In today’s talent-demand economy, you need to go beyond a traditional benefits package to catch the attention of talented job seekers and retain your current employees.
The Benefits Benchmarking Group (BBG) is the only US-centric unit who collects all benefits information (Health & Wealth) and is able to provide insights for prevalence, values, and total remuneration. Mercer provides critical insights to support the design of a top-notch total rewards offering that will support your talent strategy.
Product Details
The following elements will be collected for the various employee groups:
Defined benefit plans
- Final average
- Service credit
- Cash balance
- Retirement equity
- Career average
Defined contribution plans
- 401(k)/403(b)
- Profit sharing
- Money purchase
- 457 deferred compensation
- ESOP
- 401(a)
Health plans
- Medical, Retiree medical
- Dental, Retiree dental
- Employer-paid life insurance
- Flexible benefits plan
- Flexible spending accounts
Time loss plans
- Sick pay
- Short-term disability
- Long-term disability
- Paid-time off
- Vacation
- Holidays
- Personal days
- Sabbatical leave
Work flexibility
- Flextime
- Free/subsidized parking
- Telecommuting
- Satellite workplace
- Work at home
- Business casual
- Job sharing
Wellness/fitness
- Subsidized eating facility
- Wellness Program
- Onsite Fitness Facility
- Paid Offsite Fitness
Financial assistance
- Discount Purchasing
- Legal Counseling
- Financial Planning
- Gambling Addiction
Family assistance
- Funeral Leave
- College Scholarships
- Employee Assistance Plan
- Child/Elder Care
- Lactation Rooms
- Adoption Benefits
- Onsite Child Care
Stock purchase plan
Educational assistance
Severance
Vision
Long-term case