Filed Under:Markets, Employee Benefits

MetLife: most workers want more employer-sponsored voluntary benefits

Photo credit: Stuart Miles
Photo credit: Stuart Miles

More than 7 in 10 workers desire a greater selection of voluntary benefits offered through their employee, according to new research.

Metropolitan Life Insurance Co., New York, released this finding in a summary of results from two polls: (1) an online poll of 408 full- and part-time workers who attended the Texas State Fair on October 19 and work in Dallas; and (2) a nationally-representative survey of 523 full- and part-time workers.

The two polls were conducted by GfK Custom Research North America, New York.

The MetLife Texas Benefits Election Poll finds that 71% of Dallas workers are interested in, and prepared to pay for, a wider array of voluntary benefits. The poll result is greater than the 62% of employees nationally who expressed this interest.

The MetLife poll also finds that Dallas workers are willing to nearly double their commuting time to work for an employer offering the benefits they most want. Those surveyed expressed a willingness to increase an average 25-minute commuting time by 22 minutes.

However, about two in five of the Dallas workers polled are not confident they will make the right financial decisions for themselves and their families this year.

MetLife notes that workers can boost their confidence by spending more time reading employers’ benefits materials. MetLife national research finds “a positive correlation between reading benefits materials and feeling confident about decisions.”

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