Study Finds Paid Time Off More Important To Workers Than Health Insurance

What do U.S. employees appreciate most at their jobs? A new Pew Research Center report called “How Americans view their jobs” offers some insight. After polling 59-hundred people, they found workers value paid time off more than having employer-funded health insurance.

The survey reveals:

  • 62% of respondents feel it’s “extremely” important to have paid time off for vacations or sick time, compared to 51% who say employer-funded health insurance is “extremely” important.
  • Another 27% of those polled say paid time off is “very” important, and 28% say employer-funded health insurance is “very” important.
  • Despite feeling it’s extremely important to have, almost half of workers who get paid time off don’t actually use it all.
  • The top reasons for not using their allocation of paid time off include not wanting to bother coworkers with extra tasks or potentially fall behind.
  • Only about half of the workers surveyed say they’re extremely or very satisfied with their job, while only a third (34%) are happy with how much they get paid.
  • But two-thirds say they’re extremely or very satisfied with their relationship with their colleagues and 65% say they have at least one close friend at work.
  • Nearly 80% feel they’re treated with respect at work, with 65% saying their contributions are valued a great deal or a fair amount.
  • Employees over age 65 are most likely to be extremely or very satisfied with their job (67%), while those under 30 are the least likely (44%).

Source: Business Insider


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