| Paid Vacation—Full Time Employees | ||||||
| Number of weeks equivalent* within 1 year | 0 wks 57% | 1 wk 30% | 2 wks 13% | |||
| Number of weeks after 1 year |
1 wk 64%
|
2 wks 33% | 3 wks 3% | |||
| Number of weeks after 2 years | 1 wk 16% | 2 wks 76% | 3 wks 8% | |||
| Number of weeks after 5 years: | 1 wk 2% | 2 wks 33% | 3 wks 57% | 4 wks 7% | ||
| Number of weeks after 10 years: | 1 wk 1% | 2 wks 18% | 3 wks 59% | 4 wks 22% | ||
| Paid Vacation—Part Time Employees— What is the minimum number of hours worked/week to qualify for paid vacation: |
||||||
| 6–10 | 11–19 | 20–29 | 30–31 | 32+ | ||
| 15% | 13% | 32% | 9% | 32% | ||
| *”Weeks equivalent” means if employee works 4 day work week, 2 “weeks equivalent” of vacation is 8 paid days. | ||||||
| Paid Holidays—Full Time Employees | ||||||
| Number of paid Holidays for full-time employees | ||||||
| 0 days – 2% | 1 day – 0% | 2 days – 2% | 3 days -0% | 4 days -2% | 5 days-7% | |
| 6 days- 66% |
7 days- 15% |
8 days- 5% |
9 days- 0% |
10 days- 1% |
||
| What is your definition of a full-time employee (hrs/wk)? | ||||||
| 6-10 | 11-19 | 20-29 | 30-31 | 32-35 | 36+ | |
| 1% | 0% | 15% | 14% | 56% | 14% | |
| Paid Holidays—Part Time Employees | ||||||
| No Holiday benefit | 37% | |||||
| Prorated number of Holidays | 17% | |||||
| Prorated portion of each Holiday | 21% | |||||
| Only for Holidays that fall on their normal work days | 35% | |||||
| Minimum number of hours worked per week for employees to qualify for some Holiday pay: | ||||||
| 6-10 | 11-19 | 20-29 | 30-31 | 32+ | ||
| 24% | 24% | 24% | 7% | 11% | ||
| Dental Benefts | Full Time | Part Time | Family Members | |||
| Free except for lab costs | 82% | 68% | 39% | |||
| Completely free | 16% | 12% | 6% | |||
| Discount off normal fee | 1% | 4% | 39% | |||
| Most common discount for fulltime, part time and family members was 50%; next most common was 35% | ||||||
| Maximum age of employees’ children to receive dental benefits: | 18 years | 21 years | Other | |||
| 25% | 43% | 18% | ||||
| Medical Insurance | ||||||
| No medical insurance benefit | 31% | |||||
| Full premium paid | 15% | |||||
| Partial premium paid | 44% | average; 50% most common; 75% next most common | ||||
| Flat fee paid by employer | 20% | Average amount, $180 | ||||
| Minimum number of hours per week to receive medical benefits | ||||||
| 6–10 | 11–19 | 20–29 | 30–31 | 32+ | ||
| 9% | 5% | 25% | 21% | 48% | ||
| Sick Days/Well Pay | ||||||
| Number of days per year for full-time staff | 0–3 | 4 | 5 | 6 | 7 | 8 |
| 52% | 13% | 10% | 20% | 1% | 4% | |
| Minimum number of hours worked per week to receive benefits for part-timers: | ||||||
| 6-10 | 11-19 | 20-29k | 30-31 | 36+ | ||
| 9% | 16% | 42% | 6% | 27% | ||
| Unused sick days are paid out as well pay: | ||||||
| Yes, 51% | No, 25% | |||||
| N/R, Sick days are included in Paid Time Off (Vacation Pay) | 36% | |||||
| Continuing Education | ||||||
| Paid days per year | 1 | 2 | 3 | 4 | Other | |
| 20% | 27% | 17% | 21% | 16% | ||
| Minimum number of hours per week to receive benefits | ||||||
| 6–10 | 11–19 | 20–29 | 30–31 | 32+ | ||
| 18% | 15% | 30% | 10% | 28% | ||
| Miscellaneaous Benefits for full-time employees | ||||||
| Life Insurance | Retirement Plan | License Fee Paid | Flex Plan | Disability Insurance | Dues Paid | |
| 11% | 88% | 51% | 31% | 13% | 47% | |
| Prepared By: Davich, Wilson, Morrow and Associates, P.A.,Certified Public Accountants, 952-881-3128 | ||||||
Doctor, Are You Getting A Raise This Year?
Understandably, your staff people want bigger pay checks every year. But if your expenses have been rising faster than your revenues, you are between a rock and a hard place.
You can attend an endless number of seminars, read countless articles, and still not get action on your bottom line. That is where we can help— because there is no substitute for experienced, hands-on management… and hype is not a substitute for the real results private management consulting can provide for you.