With flexible work arrangements on the rise, more employers are considering benefits for part-time employees. Seventy-nine percent of employers surveyed by the International Foundation of Employee Benefit Plans offer health insurance benefits to employees who work 30 hours or fewer a week. "As the workforce shifts toward more flexible work options and away from the traditional 40-hour week, it's becoming increasingly…important to establish benefit policies for part-time workers," said Julie Stich, CEBS, Associate Vice President of Content at the International Foundation. The following are the most common healthcare-related benefits offered to part-time employees:
- 53% Prescription drug coverage
- 52% Dental insurance
- 52% Vision insurance
- 47% Flexible spending accounts
- 33% Health savings accounts
Contact your LISI Regional Sales Manager for part-time employee benefit strategies.