The foundations and grantmaking industry deals with establishments known as grantmaking foundations or charitable trusts. Through a competitive selection process, or the personal preferences of the grantors and foundation managers, these establishments award grants from trust funds for everything from college tuition to the continuing financial support of a museum or university.

Occupations in this field can range from data entry clerks and grant writers to grant managers. In a world facing a pandemic, philanthropic work has become essential; companies looking to support specific nonprofits or individuals will need workers experienced in the grantmaking industry.

These organizations have a higher percentage of part time employees. Usually their boards play a very influential role in who the insurance broker is and the RFP process as well as likely participate in the benefit and insurance carrier plan selection.

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The Foundations and Grantmaking Organizations Industry Employment Summary

There are about 20,000 foundations and grantmaking organizations nationwide, employing 194,000 professionals. On average, each business is small, with only 10 staff members, and the average employee age is 42 years old.

The Foundations and Grantmaking Organizations Offices Insurance Benefits Comparison

What percentage of grantmaking organizations offer medical insurance?

• 49% offer access to medical insurance. This is well below the national average of 69%.
• These businesses provide an average monthly employer premium of $1,043 for family coverage. This is below the national average of $1,121.
• Additionally, they provide an average monthly employer premium of $502 for individual coverage. This is above the national average of $458.

What percentage of grantmaking organizations offer short and/or long-term disability insurance?

25% of these employers offer short-term disability coverage, and 19% offer long-term disability insurance. The national average is 42% and 34%, respectively.

What percentage of grantmaking organizations offer life insurance?

32% offer access to a life insurance plan. Comparatively, the national average is 56%.

Do grantmaking organizations provide access to paid family leave?

• 14% provide access to paid family leave. The national average is 20%.
• 87% provide access to unpaid family leave. The national average is 88%.
• 34% offer consolidated leave plans. The national average is 44%.

Summary

All in all, the foundations and grantmaking organizations industry stands well below the national average of providing comprehensive benefits packages to their employees. There is a lot of room for improvement, as employers should increase their benefits offerings as a way to not only meet their employee’s needs but make them feel valuable and secure in their workplace.

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The Gasoline Stations industry focuses on the sale of automotive fuels (such as gasoline, diesel fuel, or gasohol) and automotive oils, often in combination with convenience store products. As a result of the toxic nature of these fuels and oils, specialized equipment is required for their storage and dispensation.

The staff of gasoline stations can vary from cashiers and food preparation workers to mechanics and service technicians. Businesses hiring in any of these positions will want experienced and qualified candidates; the best way to beat the competition is by offering outstanding gas station employee benefits packages. This means providing access to health, dental, and vision insurance, disability coverage, life insurance, paid time off, and retirement savings options.

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The Gasoline Station Industry Employment Summary

There are about 113,000 gas stations nationwide, employing over 944,000 workers. On average, each store is on the smaller side, with only 8 staff members. This industry is split almost evenly between male and female employees, and the median employee age is 38 years old.

The Gasoline Station Industry Insurance Benefits Comparison

What percent of gasoline station employers offer medical insurance?

• 53% of gasoline station companies offer medical benefits to their employees. This is much lower than the national average of 69%.
• These businesses provide an average monthly employer premium of $948 for family coverage. This is also below the national average of $1,121.
• Additionally, they provide an average monthly employer premium of $424 for individual coverage. This is below the national average of $458.

What percentage of gasoline station employers offer short and/or long-term disability insurance?

35% of employers offer short-term disability insurance, and 12% provide a long-term disability option. The national average is 42% and 34%, respectively.

What percent of gasoline station employers offer life insurance?

42% of gasoline station companies offer life insurance, which is again below the national average of 56%.

Do gasoline station employers provide access to paid family leave?

• 17% of gasoline station companies provide access to paid family leave compared to the national average of 20%.
• Unpaid family leave is offered at 90% of gasoline station companies, compared to the slightly lower national average of 88%.
• Consolidated leave plans are used in 39% of gasoline station companies, compared to the national average of 44%.

Summary

All in all, the gasoline station industry stands below the national industry standard when it comes to providing comprehensive employee benefits packages. There is a lot of opportunity for improvement, including offering more access to medical insurance plans, amping up the number of paid vacation days, and providing plenty of retirement savings options. When these changes are made, gas station employees will soon realize how all-inclusive benefits packages are the key to attracting and retaining the best candidates to their organizations.

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The furniture and home furnishings stores subsector involves the sale of new furniture and home furnishings from a fixed location. Since most people like to see and feel their furniture before they buy it, this often means that showrooms and warehouses are required for the presentation of products.

The best employees will have a background in or deep understanding of interior design and customer service so they can assist shoppers in a wide variety of ways. To beat out their competition and attract top talent, employers will have to offer comprehensive furniture store employee benefits packages.

Higher employee turnover rates and percentage of part time workers in furniture and home furnishing stores can make benefit offerings and administration somewhat more difficult than the average industry. The average employee demographic can range significantly from a high school senior to a retired senior citizen, each with different motivations for working. Disability plans are important as there can be a physical component to the role, from moving heavy items to stocking shelves. To create a custom benefit package, every employer needs to know their specific group of employees.

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The Furniture and Home Furnishing Stores Industry Employment Summary

There are about 51,000 furniture and home furnishings stores nationwide, employing 461,000 professionals. On average, each store is on the smaller side, with only 9 staff members. This industry is split almost evenly between male and female employees, and the median employee age is 38 years old.

The Furniture and Home Furnishing Stores Industry Insurance Benefits Comparison

What percent of furniture and home furnishing store employers offer medical insurance?

• 53% of furniture and home furnishing store companies offer medical benefits to their employees. This is much lower than the national average of 69%.
• These businesses provide an average monthly employer premium of $948 for family coverage. This is also below the national average of $1,121.
• Additionally, they provide an average monthly employer premium of $424 for individual coverage. This is below the national average of $458.

What percentage of furniture and home furnishing store employers offer short and/or long-term disability insurance?

35% of employers offer short-term disability insurance, and 12% provide a long-term disability option. The national average is 42% and 34%, respectively.

What percent of furniture and home furnishing store employers offer life insurance?

42% of furniture and home furnishing store companies offer life insurance, which is again below the national average of 56%.

Do furniture and home furnishing store employers provide access to paid family leave?

• 17% of furniture and home furnishing store companies provide access to paid family leave compared to the national average of 20%.
• Unpaid family leave is offered at 90% of furniture and home furnishing store companies, compared to the slightly lower national average of 88%.
• Consolidated leave plans are used in 39% of furniture and home furnishing store companies, compared to the national average of 44%.
  

Summary

As a whole, the furniture and home furnishings stores industry needs to make some improvements to reach the national standard of providing all-inclusive benefits packages to their employees. There are a lot of opportunities for these employers to amp up their furniture store employee benefits, such as offering more access to insurance plans, increasing the number of paid vacation days given, and providing ample retirement savings options.

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The funeral home industry is composed of funeral directors, morticians, undertakers, and funeral service workers who all contribute to managing both the body preparation and funeral services of a deceased person. It is the job of these employees to arrange for pickup of the body from the place of death, issuing requests from the deceased's last will and testament such as cremation or burial in a casket, preparation and embalming of the body, and coordinating funeral services with members of the family.

The job duties of funeral home workers can be best described as sensitive, emotional, and even stressful at times. Due to these high job demands, it can sometimes be hard to find quality compassionate, and professional employees. One of the best methods in attracting quality talent is for employers to offer a comprehensive benefits package. This means creating an all-inclusive benefits package that contains access to medical, vision, and dental insurance, short-term and long-term disability coverage, a life insurance policy, and plenty of paid time off.

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The Funeral Home Industry Employment Summary

There are about 21,000 funeral homes in the United States, employing 143,000 employees. Funeral homes tend to be on the smaller size, with each one only having an average of 7 employees. A full 73% of funeral home employees are women, and the median employee age is 42 years old.

Funeral Homes Industry Benefits Comparison

What percent of funeral home employers offer medical insurance?

• Only 49% of funeral home employers offer their employees access to medical insurance. This is well under the national average of 69%.
• These businesses provide an average monthly employer premium of $1,043 for family coverage. This is slightly below the national average of $1,121.
• They also provide an average monthly employer premium of $502 for individual coverage. This is slightly over the national average of $456.

What percentage of funeral home employers offer short and/or long-term disability insurance?

25% of funeral home employers offer short-term disability insurance, and 19% provide long-term disability insurance. The national average for these metrics is 42% and 34%, respectively.

What percent of funeral home employers offer life insurance?

Almost a third, 32% of these businesses offer life insurance coverage. The national average is 56%.

Do funeral homes employers provide access to paid family leave?

• 14% provide access to paid family leave, which is under the national average of 20%.
• Unpaid family leave is offered 87% of the time, which is just under the national average of 88%.
• Consolidated leave plans are used in 44% of businesses, in line with the national average.

Summary

In general, the funeral home industry falls in-line with the national average for many employee benefits. However, there are some opportunities to improve upon, mostly in providing access to paid family leave, consolidated leave plans, retirement benefits, and offering access to medical insurance.

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The government services industry is made up of more than two million civilian workers employed by the U.S. federal government. This makes the federal government the nation’s largest employer, and as ninety percent of employees live and work outside of Washington D.C., this vast and multi-faceted industry is distributed across the entire country.

Food scientists, teachers, lawyers, web developers, translators, civil engineers, public transit operators, legislators, and epidemiologists are just a few of the hundreds of types of essential occupations to be found in the public sector. The civil servants working these jobs require reliable and comprehensive benefits so they can focus on keeping the country running smoothly and safely. Generally speaking, government entities traditionally offer very rich benefits, which come within a RFP situation for insurance carriers. Typically, these organizations have high requirements to participate for insurance carriers which usually leads to only several plans bidding.

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Government Services Industry Benefits Comparison

What percentage of government service organizations offer medical insurance?

• 90% of government service organizations offer their employees access to medical insurance. This is well above the national average of 69%.
• These businesses provide an average monthly employer premium of $1,372 for family coverage. This is above the national average of $1,121.
• Additionally, these businesses provide an average monthly employer premium of $611 for individual coverage. Again, this is above the national average of $458.

What percentage of government service organizations offer short and/or long-term disability insurance?

30% of government service organizations offer short-term disability insurance, and 34% provide access to long-term disability insurance. The national average for these metrics is 42% and 34%, respectively.

What percent of government service organizations offer life insurance?

84% of financial security and commodity firms offer life insurance coverage. This is well above the national average of 56%.

Do government service organizations provide access to paid family leave?

• 24% provide access to paid family leave, which is above the national average of 20%.
• 96% offer unpaid family leave, which is above the national average of 88%.
• 10% offer consolidated leave plans, which is above the national average of 44%.

Summary

Generally, the government services industry is above the national average of providing comprehensive government service employee benefits. However, there is a large opportunity to “sweeten the pot” and add a type of retirement savings opportunity. Doing so will work in many employer’s favor when it comes to standing out as a differentiator to their competition while attracting and retaining top-quality candidates.

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The food and beverage stores subsector focuses on the sale of food and beverage merchandise in fixed physical locations, such as grocery stores or beer, wine, and liquor stores. Because this industry deals with perishable items, certain machinery (freezers, refrigerators, etc.) are required to display food and beverage goods.

To maintain the required sanitary and storage conditions, all food and beverage store employees must be trained in the processing of food products. By offering great employee benefits, employers will be able to narrow down the herd of applicants to only a few of these extremely qualified professionals.

Higher employee turnover rates and percentage of part time workers in food and beverage stores can make benefit offerings and administration somewhat more difficult than the average industry. The average employee demographic can range significantly from a high school senior to a retired senior citizen, each with different motivations for working. Disability plans are important as there can be a physical component to the role, from moving heavy items to stocking shelves. To create a custom benefit package, every employer needs to know their specific group of employees.

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The Food and Beverage Stores Industry Employment Summary

There are about 150,000 food and beverage stores nationwide, employing over 3 million professionals. On average, each store is on the smaller side, with only 21 staff members. This industry is split almost evenly between male and female employees, and the median employee age is 38 years old.

The Food and Beverage Stores Industry Insurance Benefits Comparison

What percent of food and beverage store employers offer medical insurance?

• 53% of food and beverage store companies offer medical benefits to their employees. This is much lower than the national average of 69%.
• These businesses provide an average monthly employer premium of $948 for family coverage. This is also below the national average of $1,121.
• Additionally, they provide an average monthly employer premium of $424 for individual coverage. This is below the national average of $458.

What percentage of food and beverage store employers offer short and/or long-term disability insurance?

35% of employers offer short-term disability insurance, and 12% provide a long-term disability option. The national average is 42% and 34%, respectively.

What percent of food and beverage store employers offer life insurance?

42% of food and beverage store companies offer life insurance, which is again below the national average of 56%.

Do food and beverage store employers provide access to paid family leave?

• 17% of food and beverage store companies provide access to paid family leave compared to the national average of 20%.
• Unpaid family leave is offered at 90% of food and beverage store companies, compared to the slightly lower national average of 88%.
• Consolidated leave plans are used in 39% of food and beverage store companies, compared to the national average of 44%.

Summary

All in all, the food and beverage stores industry has some improvements to make if employers want to reach the national standard of providing their workers inclusive employee benefits packages. There are many opportunities for employers to increase their benefits offerings, starting with providing access to medical insurance, more paid vacation holidays, and giving ample retirement savings options.

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