Archived Insight | October 30, 2018
How competitive are your institutions benefits?
Benefits play a key role in colleges’ and universities’ constant quest to attract and retain top talent.
The 2018 College and University Benefits Study (CUBS) covers the offerings of more than 450 private and public institutions.
Identify the benefits which you could add, change or better promote to stay competitive.
On health plans, the report noted:
CUBs showed a movement toward account-based defined contribution (DC) health plans for new hires.
It also notes that between 2015 and 2017, the percentage of DC retirement plans did not change.
Nor did the median institution contribution.
The last set of data covers consolidation of DC retirement plan administration vendors.
The report also illustrates the percentage of institutions that offer:
The CUBS report doesn’t cover all of the information in Segal's extensive database of benefits offered by higher education institutions.
We can provide custom data reports, including:
For more information about how our college and university database can help you, get in touch.Speak with Us
This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.
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