The Small Retail and Digital Consumer Stores Industry Employment Summary

There are about 187,000 small retail and digital consumer stores nationwide, employing over 1.5 million professionals. On average, each business is quite small, with only 8 staff members each. This industry is almost evenly split between male and female employees, and the average employee age is 38 years old.

The Small Retail and Digital Consumer Stores Industry Insurance Benefits Comparison

What percentage of these employers offer medical insurance?

• 53% offer access to medical insurance. This is well under the national average of 69%.
• These businesses provide an average monthly employer premium of $948 for family coverage. This is 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 these employers offer short and/or long-term disability insurance?

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

What percentage of these employers offer life insurance?

42% offer access to a life insurance plan. Comparatively, the national average is 56%.

Do these employers provide access to paid family leave?

• 17% provide access to paid family leave. The national average is 20%.
• 90% provide access to unpaid family leave. The national average is 88%.
• 39% offer consolidated leave plans. The national average is 44%.

Summary

All in all, the small retail and digital consumer stores industry is well below the national industry standard of providing inclusive benefits packages to their employees. Employers in this industry have many opportunities to increase their benefits offerings, such as providing more retirement savings options, improving disability coverage, adding in more paid vacation days, and offering more inclusive access to paid family leave.

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