Best Industries for Profit
Perks and perks make up a significant portion of your total pay, about a third of the amount you actually earn. New Glassdoor research shows that some industries tend to have better quality advantages over others.
Even when employers offer typical benefits such as health insurance and 401 (k) plans, packages vary greatly from company to company. Glassdoor analyzed its database of over 470,000 employee reviews that ranked their satisfaction with the company’s benefits from 1 (lowest) to 5 (highest). To get the full picture, the employment review site looked at the distribution of benefit ratings by industry rather than average ratings.
Overall, employees rated highly their satisfaction with their benefit packages in the finance, IT and manufacturing industries. Retailers, restaurants and food service providers offer lower quality benefit packages.
This is probably not shocking news, but a closer look at the data suggests additional insights. If you look at the education industry, for example, most of the rankings are around 4, which is great. On the other hand, the business services industry is more scattered across the rating levels, suggesting that the quality of benefit packages in this industry varies greatly from company to company. If you are in this industry, you might want to take a closer look at the benefits offered to you when looking for a job.
Glassdoor has also broken down the ranking by type of tutorial. Surprisingly, the healthcare industry has the lowest satisfaction ratings for maternity and paternity leave.
Research is unlikely to affect which industry or career you go into, but it does indicate that the quality of benefit packages varies greatly. If you work in an industry that generally offers low benefits, CNBC recommends acquiring additional skills and considering moving to a city with a competitive job market. You can also negotiate a higher salary instead of no benefits.
Top Industries for Profit: Analyzing Glassdoor Benefits Feedback | Glassdoor via CNBC