The Bureau of Labor Statistics has confirmed what benefits brokers have been saying all along: The group benefits market looks pretty stable this year, and new state and local laws have led to rapid improvement in paid sick leave benefits.

The bureau, an arm of the U.S. Department of Labor, gave a statistical snapshot of the benefits market Friday in a new batch of data from the National Compensation Survey program. The bureau received responses from 8,175 civilian employers of all sizes, including 6,728 commercial employers and 1,447 civilian employers.

The current batch of data includes a peek at employers health plans, retirement plan, life insurance benefits and paid-leave programs. A copy of the release is available here.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.