Benefits

Cash vs. Benefits? Show Us the Money, Say Workers

Although most American workers are satisfied with the health insurance benefits they have now, there is a long-term trend toward wanting more cash and fewer benefits, according to a new survey by the nonpartisan Employee Benefit Research Institute (EBRI).

Fully a third would change the current mix of wages and health benefits, which may reflect an intensifying desire for real wage growth, EBRI found.

Results from the 2015 Health and Voluntary Workplace Benefits Survey (WBS), conducted by EBRI and Greenwald & Associates, show that the percentage of workers reporting that they would trade wages to get more health benefits rose slightly in 2015, to 14%, up from 12% in 2014.

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