Comments on: Why you Need to Put a Monetary & Qualitative Value on your Employee Benefits

By: alperen

alperen — Fri, 11 Dec 2009 15:01:08 +0000

thnks

By: stephv

stephv — Tue, 20 Oct 2009 20:47:39 +0000

Health Insurance would be #1 for me too. I have a family and it is almost $1000 per month for a decent HMO plan. My current employer pays ALL of that! What a huge plus. I took this job at the same pay, I work about 30 hours per week less, I pay about $500 less per month for my medical premiums. Oh and profit sharing contributions to my 401k went from 2% to 10%, but still that is $5000 vs. $12,000 for just medical insurance for my family. Benefits are soo important to consider and become even more important when you have a family. But I guess if I was single, no child, I’d go with the 401(k).

By: Ibrahim | ZenCollegeLife.com

Ibrahim | ZenCollegeLife.com — Fri, 09 Oct 2009 02:13:47 +0000

This is the exact approach I took when I took my new job (which I start next week). The benefits are great, but what I liked even more was the 403b (a 401k equivalent) option, which matched my 6% salary input with 6.5%. I especially liked that it would only take 90 days to become “vested” meaning that if I stayed in this position for 90 days, the amount of money that the company matched would become mine indefinitely. Very cool!

By: G.E. Miller

G.E. Miller — Tue, 08 Sep 2009 23:06:44 +0000

@ Stephanie – The site that I looked at was ehealthinsurance.com. I remember Aetna looking like a particularly strong value. If you’ve done extensive research into this, I’d love to have you do a guest post or comment and share what you’ve learned with everyone else.

@ DarkGarage – wow, and I thought 50% was good!

By: DarkGarage

DarkGarage — Tue, 08 Sep 2009 18:44:35 +0000

I feel the same way about my 401k. My company will currently match 125% up to the first 10% of your income. . . So, when you contribute 10% they match at 12.5%.

This is the single biggest benefit for me at this time in my life (age 28).

By: Evolution of Wealth

Evolution of Wealth — Fri, 04 Sep 2009 17:33:04 +0000

I really like the end of your article. I like the way that you tie in negotiating not just the salary offered by job opportunities. I think it is hugely imporantant to weigh-in benefits as well.

However, I do have to say that it doesn’t surpise me that health insurance is #1. I have to agree with Stephanie above and say good health insurance is hard to find and definitely expensive. The best place to find it is your employer.

Also I’ve never heard of a company 401k match as good as your company offers. I’d love to know who you work for. Most companies cap the match on the first 5 or 6% contributions. So I can see the value in that for you.

By: Stephanie PTY

Stephanie PTY — Wed, 02 Sep 2009 13:32:53 +0000

“Health Insurance: I was quickly able to find a number of good PPO plans with low deductibles and small co-pays for $100 and less per month. Plans range from around $60 to $150 for twenty-somethings. Taking an average of $100 per month, we can calculate the annual worth of a medical plan of $1,200.”

Really? Where did you find these plans, because whenever I’ve shopped for medical insurance for someone trying to go it on their own, I only find crap coverage (basically, the “we will save your life if you get hit by a car” coverage) at like $90/month. I would love to know where I can find better plans for cheaper to recommend to people!