2017 Employment Benefit Analysis Published for WIAD Region
Report Compares Employee Benefits Offered by Employers in Eight County Area
Benefits are a key driver in recruitment and job satisfaction. Organizations that fail to meet employees’ health and financial demands risk losing top talent to organizations with more complete coverage options. And in today’s economy of low-unemployment and numerous available opportunities, its important local businesses remain competitive.One tool available to Carroll County organizations for better understanding where they sit in comparison to their peers and neighbors is the 2017 Employment Benefit Analysis.
“Our ultimate goal is to help all Carroll County organizations recruit and retain the employees they need to be successful. The Carroll Area Development Corporation (CADC) works to equip businesses with the resources they need to keep employees here in Carroll County, whether that’s applicable data or educational opportunities and training,” explains Shannon Landauer, executive director of the CADC.
The 2017 Employment Benefit Analysis is a 20-page report that highlights and compares employee benefits offered in Western Iowa Advantage’s eight-county region of Adair, Audubon, Carroll, Crawford, Greene, Guthrie, Ida and Sac counties. The data analyzed in this report was collected from 887 employers through the Workforce Needs Assessment Survey. The results of the survey were analyzed on both an overall and per industry basis.
Highlights from the report include:
- 80% of employers surveyed provide benefits to employees
- In comparison, 100% of the 10 agriculturally related business surveyed offered benefits to employees, while only 38% of the accommodation and food services businesses surveyed offered benefits
- 20% of businesses offer a benefit package costing more than $13,000 annually per employee
- 78% of employers surveyed offer medical insurance of some type
- Other popular benefits offered include bonuses, a company vehicle or mileage reimbursement, flex spending accounts, retirement benefits and a uniform allowance
To view the report in its entirety, visit www.carrollareadev.com. For more information regarding the report contact Shannon Landauer, CADC executive director, at (712) 792-4383 or s.landauer@carrolliowa.com.