Percent of Firms Offering Benefits - All Industries/Sizes - 2005

ü     It is important to note that the data below represents the percent of employers offering
       benefits. Therefore the number of employees at each firm is irrelevant.
ü    The benefits most commonly offered by employers are paid vacation leave, paid holiday leave
       and medical insurance.
üAlmost 6 out of 10 employers offer medical insurance to their employees.

Percent of Firms Offering Benefits
All Industries/Sizes

Firms that Employ
Full-Time Workers

All Firms

Insurance

% Offering

% Offering

% Offering

  Medical Insurance

58%

10%

55%

  Family Medical Insurance

51%

8%

48%

  Dental Insurance

29%

9%

27%

  Family Dental Insurance

26%

7%

25%

  Vision Insurance

13%

4%

12%

  Life Insurance

37%

5%

35%

  Short Term Disability Insurance

23%

4%

21%

  Long Term Disability Insurance

23%

3%

21%

Leave

  Paid Vacation Leave

80%

20%

76%

  Paid Sick Leave

43%

9%

40%

  Paid Holiday Leave

70%

17%

66%

  Consolidated Leave

10%

4%

10%

Retirement

  Retirement Plan

51%

22%

48%

    Defined Contribution Plan

46%

17%

43%

    Defined Benefit Plan

6%

2%

6%

    Plan Type Not Indicated

3%

4%

5%

NOTE: The plan types listed above will not add to the total. Some employers offer multiple types of retirement
            plans; therefore the types are not mutually exclusive.

Other

  Child Care Benefits

4%

3%

4%

  Tuition/Education Assistance

18%

7%

17%

  Bonuses

35%

18%

33%

  Shifts

16%

16%

16%

    Shift Differentials

6%

6%

6%

Û Return to the Employee Benefits menu.

If you have questions or need more information, contact Laura Sichmeller of the Labor Market Information Center at (605) 626-2314 or e-mail her at laura.sichmeller@state.sd.us.