Industry Benefits Summary

Agriculture and Forestry Industry- Employee Benefits Summary

The agriculture and forestry industry is one of the oldest in the United States. But there’s more to this booming industry than just farmers and those who raise animals. In this one industry, you’ll find agricultural engineers, food scientists, agronomists, arborists, forest rangers, botanists, water quality specialists, and wildlife specialists, to name a few options. These employees may range in skill sets and specialties, but they share the same goal: creating and sustaining a better environment for years to come.There has been a recent shift in the industry towards using more technology, away from a high proportion of physical labor. With this in mind, employers need to provide consistent and steady benefits. A good balance of employee types can lead employees to offer a competitive benefit package to attract employees and also ensure quality short and long term disability programs. Additionally, having access to a comprehensive benefits package will not only lead to attracting better talent, but it will give your current employees a sense of pride and incentive in doing a job well done. In turn, you’ll notice higher productivity while cutting unnecessary expenses, saving time and money for all.

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The Agriculture & Forestry Employment Summary

The agriculture and forestry industry is small compared to others. There are about 11,000 agriculture and/or forestry businesses nationwide, employing about 66,000 employees. The average business size has only 6 employees, is predominately male, with the median age being about 48 years old.

Building Agriculture & Forestry Insurance Benefits Comparison

85%

What percent of agriculture and forestry companies offer medical insurance?

  • The agriculture and forestry industry outshines the national average in providing health insurance coverage to their employees. A full 85% of businesses offer access to medical care when the national average is 69%.
  • Agriculture and forestry companies provide an average monthly employer premium of $1,182 for family coverage. This is above the national average of $1,121.
  • Additionally, this industry provides an average monthly employer premium of $450 for individual coverage. The national average is $456.

53%

What percent of agriculture and forestry companies offer short and/or long-term disability insurance?

53% of agriculture and forestry companies offer access to short-term disability plans, with the national average being 42%. 39% of companies provide long-term disability insurance when the national average is 34%.

69%

What percent of agriculture and forestry companies offer life insurance?

69% of agriculture and forestry companies offer life insurance coverage. The national average is 56%.

15%

Do agriculture and forestry companies provide access to paid family leave?

  • 15% of agriculture and forestry companies provide access to paid family leave. The national average is 20%.
  • Unpaid family leave is offered 89% of the time, again, slightly above the national average of 88%.
  • Consolidated leave plans are used in 33% of organizations, compared to the national average of 44%.

Summary

As a whole, the agriculture and forestry industry falls above the national average of providing employee benefits. The only options they could ramp up to be in line with national averages is providing access to paid family leave, consolidated leave plans, and adding more retirement benefits. Doing so will increase employee satisfaction, retention, and worth.

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