Dallas Workers Want Voluntary Benefits; Willing to Nearly Double Commuting Time for “Dream Benefit”

  Dallas Workers Want Voluntary Benefits; Willing to Nearly Double Commuting
  Time for “Dream Benefit”

Business Wire

NEW YORK -- November 05, 2012

Many workers will have the opportunity to elect employee benefits for 2013
this fall during their employers’ annual enrollment season. Workers in Dallas
indicate they are hoping to have more voluntary benefits to choose from. In
fact, a MetLife Texas Benefits Election Poll, released today, found that 71%
of Dallas workers are interested in a wider array of voluntary benefits to
choose from even if they pay for the benefits themselves – even higher than
the 62% of employees nationally who expressed this interest.

Benefits can also have an effect on how far an individual is willing to travel
to an employer. The MetLife poll found that Dallas workers are willing to
nearly double their commuting time to work for an employer offering the
benefits they most want. Those surveyed expressed a willingness to increase
their commuting time, on average, by 22 minutes on top of a 25- minute average
commuting time already.

“Employees recognize the value of having access to more benefits options
regardless of who pays for them. To have people willingly increase their
commute time to obtain the benefits they find important is very compelling,”
said Paul Michael, vice president, Group, Voluntary & Worksite Sales for
MetLife in Dallas. “Employers can cost-effectively make themselves more
attractive as an employer of choice through the strategic use of voluntary
benefits.”

The annual benefits enrollment season is a once-a-year opportunity for
employees to maximize their total compensation package by selecting benefits
options that meet their specific needs. However, the MetLife poll also found
that approximately two out of five Dallas workers don’t feel very confident
that they will make the right financial decisions for themselves and their
families this year. A simple step in the right direction, spending more time
reading employers’ benefits materials, can make a difference. MetLife national
research found a positive correlation between reading benefits materials and
feeling confident about decisions. Employers often change or add offerings, so
it is also beneficial to read enrollment materials to confirm whether the
current selections remain the most appropriate.

Methodology

The MetLife Texas Benefits Poll was conducted online October 19, 2012 at the
Texas State Fair. This survey, programmed by GfK polled 408 full- and
part-time workers who attended the Texas State Fair and work in Dallas. The
MetLife Benefits Election Poll was conducted online September 28-30, 2012 and
was fielded by GfK. This nationally-representative survey polled 523 full- and
part-time workers.

About GfK

GfK is one of the world’s largest research companies, with more than 11,000
experts working to discover new insights about the way people live, think and
shop, in over 100 markets, every day. GfK is constantly innovating to use the
latest technologies and the smartest methodologies to give its clients the
clearest understanding of the most important people in the world: their
customers. To find out more, visit www.gfkamerica.com or follow GfK on
Twitter: www.twitter.com/gfk_group

About MetLife

Metropolitan Life Insurance Company (MetLife) is a subsidiary of MetLife, Inc.
(NYSE: MET), a leading global provider of insurance, annuities and employee
benefit programs, serving 90 million customers. Through its subsidiaries and
affiliates, MetLife holds leading market positions in the United States,
Japan, Latin America, Asia, Europe and the Middle East. For more information,
visit www.metlife.com.

Contact:

MetLife
Karen Eldred
(212) 578-9561
keldred@metlife.com
or
Judi Mahaney
(212) 578-7977
jmahaney@metlife.com
 
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