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HUMAN RESOURCES

Whose Benefits Are Best?

Chart showing how different industries compare when it comes to their non-salary compensation packages.
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How do different industries compare when it comes to their nonsalary compensation packages? According to Ernst & Young's 1992 survey of members of the Institute of American Entrepreneurs, high-technology companies tend to offer the best deals, providing either equity incentives or 401(k) plans with contributions matched by the company. But businesses in other industries have plans to improve both types of benefit packages, as the tables below reveal:

Benefits by industry

Percentage that currently offers 401(k) with match Percentage that expects to offer 401(k) with match in 1993
High technology 68% 76%
Construction 48 61
Manufacturing 44 60
Service 41 59
Retail 38 56
Real estate* 33 50
Wholesale 29 58
* * *
Percentage that currently offers equity incentive Percentage that expects to offer equity incentive in 1993
High technology 51% 60%
Retail 38 50
Real estate* 33 66
Service 29 43
Construction 26 44
Manufacturing 23 37
Wholesale 13 32
* * *

* Real estate database is extremely small.

* * *

Source: Ernst & Young survey of 259 members of the Institute of American Entrepreneurs, Dallas, May 1992.

* * *
Last updated: Dec 1, 1992




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