Benefits play a key role in colleges’ and universities’ constant quest to attract and retain top talent.
Sibson’s 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.
The infographic on health plans highlights:
The infographic on retirement benefits covers movement to 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 infographic on tuition benefits focuses on institutions’ strategies for managing the cost of tuition benefits.
The infographic on non-traditional benefits illustrates the percentage of institutions that offer:
The CUBS report doesn’t cover all of the information in Sibson Consulting’s extensive database of benefits offered by higher education institutions.
Sibson can be retained to provide custom data reports, including:
For more information about Sibson’s college and university database and the CUBS data discussed in this report, contact us.
Senior Vice President, Senior Corporate Consultant
Vice President, Senior Consultant
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