Industry Benefits Summary

Non-Profit Industry- Employee Benefits Summary

A non-profit is an organization that is not required to pay taxes on the basis that its business benefits the broad public interest. The not-for-profit organization industry includes establishments as massive as the American Red Cross as well as local soup kitchens, houses of worship, and community hospitals.

These passionate individuals are uncommon in the everyday workplace; if companies want to bring in employees who are hardworking and dedicated, they'll need to offer a comprehensive benefits package.

It is important to note that 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 Non-Profit Organizations

There are 45,000 non-profit organizations nationwide, employing 414,000 professionals. On average, each organization is small, with only 9 staff members, and the average employee age is 42 years old.

The Non-Profit Organizations Insurance Benefits Comparison

49%

What percentage of non-profit 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.

25%

What percentage of non-profit 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.

32%

What percentage of non-profit organizations offer life insurance?

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

14%

Do non-profit 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 non-profit organization industry is well below the national average when it comes to providing comprehensive benefits packages to their employees. There is a lot of room for improvement, as non-profit employers must 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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