Many Workers Ignore Spouses When Choosing Benefits

September 07, 2005 at 08:00 PM
Share & Print

Employees are often on their own when they are going through benefits open enrollment periods.[@@]

About 34% of married employees never check with their spouses during open enrollment periods, and 59% of single employees don't talk to anyone else about benefits decisions, according to results of a survey sponsored by MetLife Inc., New York.

Although single employees may stick with their own counsel when considering benefits options, 35% of the singles were interested in developing financial plans, compared with just 29% of the married workers, MetLife reports.

The MetLife survey also looks at benefits satisfaction levels by employee age.

Only 39% of the employees between the ages of 25 to 49 said their companies' benefits fit their life-stage needs "very well." Meanwhile, 49% of the employees in the 50-64 age group and 51% of the workers in the 18-24 age group said their employers' benefits are a good fit for people their age.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Related Stories

Resource Center