Benefits Provided by Northern Kentucky Employers

Benefits Allocated to Employees by Northern Kentucky Employers
Type of Benefit

Coverage

Manufacturing and Non-Manufacturing
Number of Paid Holidays 10 Days
One Week Paid Vacation 6 Months – 1 Year of Service
Two Weeks Paid Vacation 1 – 2 Years Service
Three Weeks Paid Vacation 5 Years Service
Four Weeks Paid Vacation 10 Years Service, 31% of Companies
Vacation Pay for Part-Time Employees Yes, Prorated Basis of Hours Worked
Health Care 80% Paid by 63% of Companies
Dental Insurance Coverage Varies, Provided by 81% of Companies
Vision Care Coverage Varies, Provided by 81% of Companies
Disability Insurance Coverage Varies, Provided by 81% of Companies
Prescription Drug Coverage Coverage Varies, Provided by 81% of Companies
(Source: Northern Kentucky Chamber of Commerce and
Northern Kentucky Human Resource Association, 2003 Survey)

(Source: Northern Kentucky Chamber of Commerce and Northern Kentucky Human Resource Association, 2003 Survey)

"Full-time employees are seeing benefits as an increasingly important criterion in their job search and selection. Nearly one-third (31%) of employees say benefits are an important reason why they came to work for their employer, up from 25% in 2004 and 2003. It's an even bigger factor among certain employee groups: Pre-retirees (44%) and Young Families (41%)."  - Source: Metropolitan Life Insurance Company, The Metlife Study of Employee Benefits Trends, 2005




Northern Kentucky Tri-County Economic Development Corporation
300 Buttermilk Pike Suite 332, Covington, KY 41017
Phone: 859-344-0040 Phone Toll Free: 1-888-874-3365 Fax: 859-344-8130
info@NorthernKentuckyUSA.com