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STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

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Interest in Lifestyle Benefits Varies Widely by Region, Size, and Industry<br />

Plan sponsors in the northeast are most likely to offer flexible workplace arrangements,<br />

while those in the south and west are the most likely to be implementing healthy<br />

lifestyle programs.<br />

Across all size segments, more plan sponsors are working toward addressing employee<br />

concerns about living a healthy lifestyle and expect to implement programs over the<br />

next 10 years. While larger companies (5,000+ employees) can provide a wider array<br />

of benefits in general, many smaller firms are making strides in promoting healthy<br />

lifestyle programs and work/life balance.<br />

Financial and services firms are among the most receptive to flexible workplace<br />

arrangements, since the work is conducive to such arrangements in these industries.<br />

Companies in manufacturing, sales, and heavy industry have less opportunity to<br />

offer flexible hours and paid time off so they appear to be focusing on healthy<br />

lifestyle programs.<br />

EMPLOYER INTEREST IN ADDRESSING <strong>EMPLOYEE</strong> LIFESTYLE NEEDS—BY REGION<br />

38%<br />

43%<br />

50%<br />

51%<br />

66%<br />

30%<br />

24%<br />

31%<br />

34%<br />

83%<br />

57%<br />

41%<br />

25%<br />

29%<br />

34%<br />

52%<br />

36%<br />

32%<br />

32%<br />

39%<br />

Highly important<br />

to employees<br />

Expect to address by 2010:<br />

Northeast<br />

Midwest<br />

South<br />

West<br />

Healthy Lifestyle Flex/Generous PTO Flexible Workplace Counseling<br />

21

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