Full Report - Kossuth County Economic Development

E BThe survey provides the respondents an opportunity to idenfy employment benefits that would influencetheir decision to change employment. Desired benefits are shown in Figure 22. For some respondents,benefits offered in lieu of higher wages can be the driving force to change employment. Some respondentsassume that parcular benefits, such as health/medical insurance, would be incorporated into most standardemployment packages; therefore, they did not select health/medical as an influenal benefit opon.Figure 22Benefits Desired by Respondents4.8%1.6%1.6%1.6%Paid Sick LeaveLife InsuranceDisability Insurance25.8%24.2%22.6%19.4%17.7%Paid Time OffFlextimeStock OptionsPension/Retirement OptionsDental CoveragePaid VacationVision CoveragePaid Holidays41.9%40.3%40.3%Prescription Drug CoverageTuition Assistance/Reimbursement56.5%Health/Medical Insurance93.5%0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%When contemplang a change in employment, nearly one‐third (31.6%) of those surveyed would prefer to lookfor offers where the employer covers all the premium costs of health/medical insurance while the majority(61.4%) would be willing to cost share the premium for health/medical insurance with their employer. Themajority (90.0%) of those who are employed willing to change state they are currently sharing the premiumcosts of health/medical insurance with their employer and 5.0 percent indicate their employer is covering theenre cost of health/medical insurance. When it comes to considering influenal benefit opons toemployment offers, there is a difference between those who currently share in the costs of medical insurancepremiums to that of those who desire cost sharing of medical insurance premiums. This leads to the belief thatcost sharing versus employer paid would influence the employed to change posions or companies.F A WThe Laborshed area residents are very recepve to various work environments. Most respondents (68.7%)would prefer to work in an environment that offers cross‐training opportunies, training to do more than onejob; 68.7 percent are willing to work in team environments, groups of individuals coming together toaccomplish a common goal; and slightly over one‐fourth (25.4%) would consider job sharing workarrangements, involving two or more individuals spling one full‐me job. As such arrangements becomemore common in the workplace; more and more employees are expressing greater interest. Employmentopportunies that require a variety of work schedules (combinaons of 2 nd , 3 rd or split shis) would pique theinterest of 29.9 percent of the employed that are willing to change employment.J S TEmployers who have a clear understanding of the job search resources used by workers will improve theirability to maximize their effecveness and efficiency in aracng qualified applicants. Residents living in theKossuth County Laborshed area are undoubtedly exposed to numerous sources by which employerscommunicate job openings and new hiring. Therefore, it is important to understand what sources potenalworkers rely on when looking for jobs. The most frequently idenfied job search resources are idenfied inFigure 23 (next page).Kossuth County Laborshed Analysis 15 Released March 2013