Did you know about 49% of Churches, Synagogues, and Religious Organizations offer medical insurance?
Complete Benefits Guide:
- Sick & Vacation
Learn more about the types of benefits churches, synagogues, and religious organization companies offer across medical, short term disability, long term disability, life, vacation and leave and financial incentives.
The churches, synagogues, and religious organizations industry is comprised of establishments that provide religious worship or promote various religious activities. Generally, this includes convents, monasteries, religiously affiliated community centers, and other houses of worship.
Organizations looking to hire new talent will have to provide comprehensive religious organization employee benefits. 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.
As of January 2021, there were 187,000 religious organizations nationwide, employing over 1.6 million professionals. On average, each facility is small, with only 9 staff members, and the average employee age is 42 years old.
25% of these employers offer short-term disability coverage, and 19% offer long-term disability insurance. The national average is 42% and 34%, respectively.
32% offer access to a life insurance plan. Comparatively, the national average is 56%.
As a whole, the churches, synagogues, and religious organizations industry stands well below the national average of providing comprehensive employee benefits packages. 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.
Once these changes have been made, employers in this industry will soon notice how creating a healthy, productive, and sustainable work environment will lead to overall decreased costs, higher efficiency levels, and stronger teams.