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Distributors are using benefits to retain employees
In order to retain employees, distributors are offering a number of benefits, according to Industrial Distribution’s 61st Annual Survey of Distributor Operations.
Here is a breakdown of employee benefits offered:
Health Insurance coverage: 90 percent
401K/Pension plans: 77 percent
Tuition reimbursement: 50 percent
Profit sharing: 46 percent
Stock options: 15 percent
In addition, 47 percent of the respondents offered flexible hours.
Distributors are using benefits to retain employees
December 6, 2007
In order to retain employees, distributors are offering a number of benefits, according to Industrial Distribution’s 61st Annual Survey of Distributor Operations. Here is a breakdown of employee benefits offered:
Health Insurance coverage: 90 percent
401K/Pension plans: 77 percent
Tuition reimbursement: 50 percent
Profit sharing: 46 percent
Stock options: 15 percent
In addition, 47 percent of the respondents offered flexible hours.
Posted by Jack Keough on December 6, 2007 | Comments (0)
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