Economic Development Futures Journal

Saturday, September 17, 2005

counter statistics

Top Employee Concerns

The number one concern of today’s employees is having enough money to pay bills during a period of income loss, with 71% of full-time employees surveyed in the MetLife Employee Benefits Trend Study reporting that they are "extremely concerned."

Other key concerns include having enough money to make ends meet (63%), "having appropriate health insurance" (59%) and outliving their retirement savings (49%). Despite the high level of anxiety, however, most full-time employees value paid vacation days (cited as most important by 64% of workers) significantly more than income protection and retirement savings products such as employer-funded pension plans (32%), disability insurance (26%), life insurance (24%) and long-term care insurance (8%).

Among the youngest employees surveyed (age 21 -30), sick leave (49%) and flexible work schedules (29%) also take precedence over employer-funded pension plans (25%), life insurance (21%) and disability insurance (19%).

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