How Competitive Are Your Institution’s Benefits?

See How Your Programs Stack Up in Our 36-Page Study

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. 

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Report Highlights: Key Points at a Glance

Health Highlights



The infographic on health plans highlights:

  • the percentage of institutions that offer high-deductible health plans (HDHPs), which increased explosively over two years,
  • offerings of wellness initiatives, and
  • growth in two prescription drug cost-management programs: mandatory generics programs and mandatory mail-order drug programs.

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Retirement 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.

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Tuition Benefits Highlights



The infographic on tuition benefits focuses on institutions’ strategies for managing the cost of tuition benefits.

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Non-Traditional Benefits Highlights



The infographic on non-traditional benefits illustrates the percentage of institutions that offer:

  • access to campus fitness centers,
  • long-term care insurance,
  • day-care/eldercare referral services,
  • group home and auto insurance,
  • on-site day-care/eldercare (or reimbursement), and
  • general or local business discounts for shopping.

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Questions? Contact us

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:

  • Comparisons among benefit designs,
  • Geographic regions,
  • Institution type,
  • Institution size,
  • Number of full-time faculty,
  • Number of undergraduate or graduate students, and
  • Operating budget and/or endowment.

For more information about Sibson’s college and university database and the CUBS data discussed in this report, contact us.

Norman Jacobson
Senior Vice President, Senior Corporate Consultant
Contact Norman

Leonard Spangher
Vice President, Senior Consultant
Contact Leonard

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