This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Dallas Workers Want Voluntary Benefits; Willing To Nearly Double Commuting Time For “Dream Benefit”

Stocks in this article: MET

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,387.21 -291.49 -1.65%
S&P 500 2,029.55 -27.54 -1.34%
NASDAQ 4,681.4970 -90.2660 -1.89%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs