Page 5 - 2020 Peel & Holland Benchmarking Survey Results
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CONTENTS
WHY BENCHMARKING? ............................................................................................................... 4
NATIONAL & LOCAL TRENDS ................................................................................................... 6
CORPORATE DEMOGRAPHICS ................................................................................................... 12
COMMUNICATION & TRACKING ............................................................................................... 16
OVERALL BENEFITS PACKAGE .................................................................................................. 18
HEALTH PLAN FUNDING .............................................................................................................. 24
HEALTH PLAN ANALYSIS ............................................................................................................ 36
EMPLOYER CONTRIBUTION & COST SHARING .................................................................... 38
WELLNESS PROGRAM ................................................................................................................. 46
VOLUNTARY BENEFITS ............................................................................................................... 53
DENTAL PLAN .......................................................................................................................... 54
VISION PLAN ........................................................................................................................... 56
LIFE INSURANCE .................................................................................................................... 58
SHORT-TERM DISABILITY ..................................................................................................... 60
LONG-TERM DISABILITY ........................................................................................................ 62
PAID TIME OFF & VACATION ..................................................................................................... 66
RETIREMENT PLANS ..................................................................................................................... 68
2020 WRAP UP ............................................................................................................................... 70
PEEL & HOLLAND | 2020 Western Kentucky Employee Benefits Benchmarking Survey Results 3
