Whose Benefits Are Best?
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|
|Percentage that currently offers equity incentive||Percentage that expects to offer equity incentive in 1993|
* Real estate database is extremely small.* * *
Source: Ernst & Young survey of 259 members of the Institute of American Entrepreneurs, Dallas, May 1992.* * *