Industry Benefits Summary

Funeral Home Industry- Employee Benefits Summary

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.

How do your benefits compare to other Funeral Homes?
Download Your Custom Benefits Report Now

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

49%

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.

25%

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.

32%

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%.

14%

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.

Next Up

How Does Your 401k Offering Stack Up To Other Employers?
Given their prominent position that 401ks hold in the context of modern workforce management, a closer look at some of the surrounding issues can help ensure that your organization’s offerings remain viable relative to the other employers with which you are competing for talent.
The CFO Role: Less Accounting & More Strategy - Including People Strategy
A look at the state of finance departments across US companies over the last few years reveals an interesting mix of stability and change.
The Market Employment Summary for February 2024
Each month, Mployer Advisor breaks down the Bureau of Labor Statistics’ most recent State Employment and Unemployment Summary to highlight some employment trends across various markets. This is an overview of February’s report.