Standard Errors
Financial benefits: Access

Table 41. Standard errors for financial benefits: Access, private industry workers,  National Compensation Survey, March 2012

Characteristics

Health
savings
account

Section 125 cafeteria benefits

Pre-tax
savings with
no employer
contributions

Payroll
deduction
IRA1

Financial
planning

Stock options

Flexible
benefits

Dependent
care
reimburse-
ment
account

Healthcare
reimburse-
ment
account

Total

Performance

Signing

Other

All workers

0.7

0.6

0.7

0.7

0.5

0.3

0.6

0.4

0.2

0.2

0.3

Worker characteristics

                      

Management, professional, and related

1.2

1.1

1.2

1.2

1.0

0.7

1.1

0.8

0.5

0.4

0.7

    Management, business, and financial

1.7

1.4

1.6

1.6

1.0

0.8

1.7

1.2

0.8

0.5

1.1

    Professional and related

1.4

1.5

1.5

1.6

1.2

0.8

1.3

0.9

0.4

0.5

0.7

Service

1.0

0.8

1.2

1.1

0.9

0.6

1.1

0.4

–

–

0.4

    Protective service

2.8

–

4.3

4.3

2.7

1.1

1.0

0.8

–

–

0.8

Sales and office

0.9

0.8

1.1

1.0

0.8

0.4

0.9

0.6

0.3

0.2

0.5

    Sales and related

1.1

0.7

1.4

1.3

1.2

0.4

1.3

0.7

0.2

0.2

0.7

    Office and administrative support

1.2

1.2

1.5

1.3

0.9

0.5

1.0

0.7

0.4

0.4

0.6

Natural resources, construction, and maintenance

1.3

1.0

1.3

1.4

1.1

0.6

1.0

0.9

0.4

–

0.7

    Construction, extraction, farming, fishing, and
     forestry

1.5

1.4

1.5

1.7

1.2

0.5

1.2

0.8

–

–

0.8

    Installation, maintenance, and repair

1.7

1.4

1.9

2.2

1.8

1.1

1.4

1.6

0.7

–

1.1

Production, transportation, and material moving

1.2

1.0

1.4

1.4

0.9

0.4

0.8

0.8

0.3

0.2

0.8

    Production

1.8

1.5

1.8

1.8

1.2

0.6

1.3

1.0

0.4

0.3

0.9

    Transportation and material moving

1.4

1.1

1.5

1.6

1.3

0.4

1.0

1.0

0.3

0.2

1.0

Full time

0.9

0.7

0.8

0.8

0.6

0.4

0.7

0.5

0.2

0.2

0.4

Part time

0.7

0.5

0.9

0.8

0.7

0.3

0.7

0.4

0.2

0.1

0.4

Union

1.8

1.8

1.7

1.8

1.5

1.1

1.4

1.4

0.8

0.9

1.1

Nonunion

0.8

0.6

0.8

0.8

0.5

0.3

0.6

0.4

0.2

0.2

0.3

Average wage within the following categories:2

                      

    Lowest 25 percent

0.6

0.5

1.1

1.0

0.8

0.4

0.8

0.4

0.1

0.1

0.4

        Lowest 10 percent

0.5

0.5

1.3

1.0

1.1

0.6

0.9

0.8

–

–

0.8

    Second 25 percent

1.1

0.9

1.1

1.1

0.9

0.4

0.9

0.5

0.4

0.4

0.5

    Third 25 percent

1.1

1.0

1.2

1.0

0.7

0.4

0.8

0.7

0.2

0.2

0.7

    Highest 25 percent

1.3

0.9

0.9

1.1

1.0

0.6

0.9

0.7

0.5

0.4

0.7

        Highest 10 percent

1.5

1.2

1.2

1.4

1.1

1.0

1.2

1.1

0.6

0.6

1.1

Establishment characteristics

                      

Goods-producing industries

1.2

1.1

1.4

1.3

1.0

0.5

1.1

0.8

0.4

0.2

0.7

    Construction

1.3

1.6

1.6

1.6

1.1

0.5

1.0

0.9

–

–

–

    Manufacturing

1.7

1.6

1.7

1.6

1.4

0.6

1.5

1.0

0.6

0.4

0.9

Service-providing industries

0.8

0.7

0.8

0.8

0.6

0.3

0.7

0.4

0.2

0.2

0.3

    Trade, transportation, and utilities

1.0

0.8

1.2

1.2

1.0

0.3

1.0

0.7

0.2

0.2

0.6

        Wholesale trade

2.1

2.3

2.1

2.2

1.6

0.9

1.7

1.0

–

–

0.9

        Retail trade

1.2

0.8

1.3

1.3

1.5

0.4

1.3

0.9

0.3

0.1

0.9

        Transportation and warehousing

2.4

2.4

3.2

3.5

3.5

0.8

2.0

2.0

–

1.2

1.4

        Utilities

6.5

6.2

6.2

6.1

2.9

2.3

6.0

2.8

1.3

–

2.7

    Information

3.3

2.9

3.6

3.4

3.1

1.7

2.8

3.4

2.6

0.8

2.6

    Financial activities

1.9

1.7

1.9

1.8

1.6

1.4

1.7

1.4

0.7

1.2

1.4

        Finance and insurance

1.8

1.8

1.4

1.4

1.7

1.6

1.4

1.4

0.9

0.7

1.3

            Credit intermediation and related activities

2.7

2.6

2.4

2.3

2.2

1.9

2.6

2.2

1.5

1.4

2.0

            Insurance carriers and related activities

3.0

3.2

2.6

2.5

2.9

–

2.8

2.8

1.3

0.4

2.6

        Real estate and rental and leasing

–

4.4

5.1

4.4

3.1

2.3

2.9

–

–

–

–

    Professional and business services

1.8

1.9

2.0

2.1

1.2

0.9

1.9

1.5

0.8

0.8

1.4

        Professional and technical services

3.2

3.0

2.8

3.2

2.2

1.8

3.1

2.2

1.4

1.2

2.3

        Administrative and waste services

2.4

1.9

2.7

3.3

2.1

–

2.4

1.8

0.7

1.3

1.6

    Education and health services

1.7

1.9

2.1

2.0

1.5

0.8

1.5

0.5

–

0.1

0.4

        Educational services

1.6

2.0

2.5

2.9

2.5

1.5

1.1

0.4

–

0.4

[3]

            Junior colleges, colleges, and universities

1.5

2.0

2.1

2.0

2.3

1.4

1.4

0.3

–

0.3

0.1

        Healthcare and social assistance

1.9

2.2

2.4

2.4

1.8

0.9

1.7

0.6

–

–

0.5

    Leisure and hospitality

0.8

1.1

1.8

1.8

1.3

0.8

1.2

0.7

–

–

0.7

        Accommodation and food services

0.8

1.0

2.0

1.9

1.5

0.9

1.3

0.8

–

–

0.8

    Other services

2.1

1.6

2.0

2.4

1.7

1.6

1.0

–

–

–

–

1 to 99 workers

0.8

0.6

0.8

0.8

0.6

0.3

0.5

0.4

0.2

0.2

0.4

    1 to 49 workers

0.8

0.7

0.8

0.9

0.6

0.4

0.6

0.4

0.2

0.1

0.3

    50 to 99 workers

1.7

1.2

1.6

1.7

1.3

0.6

1.1

1.3

0.9

0.5

1.3

100 workers or more

1.0

1.0

1.1

1.0

0.8

0.4

0.9

0.6

0.3

0.3

0.5

    100 to 499 workers

1.2

1.0

1.4

1.3

1.1

0.5

1.4

0.7

0.4

0.2

0.6

    500 workers or more

1.6

1.5

1.8

1.4

1.3

0.7

1.7

1.1

0.7

0.7

1.1

Geographic areas

                      

New England

1.8

2.7

1.5

2.0

2.1

0.5

2.2

0.4

0.3

0.2

0.4

Middle Atlantic

2.4

2.0

1.3

2.2

1.2

1.6

0.7

1.2

0.4

0.7

0.8

East North Central

1.5

1.7

1.8

2.0

1.3

0.6

1.8

0.8

0.6

0.2

0.7

West North Central

2.2

1.1

3.0

2.6

1.5

0.5

1.4

0.7

0.7

0.2

0.5

South Atlantic

1.5

1.3

1.8

1.7

1.3

0.5

1.5

1.0

0.5

0.3

0.9

East South Central

3.8

2.7

2.1

3.0

2.2

0.7

2.6

2.3

1.7

1.1

1.9

West South Central

2.3

1.7

1.9

1.8

1.5

0.5

2.0

1.0

0.6

–

0.6

Mountain

2.1

2.1

3.2

3.0

2.1

1.2

1.5

1.2

0.2

0.2

1.1

Pacific

2.6

0.9

2.0

1.6

0.9

0.5

1.8

0.7

0.3

0.6

0.4

1An individual retirement plan that can be sponsored by the employer, but with no employer
contributions.  The employee establishes either a traditional (with tax-deductible contributions) or Roth
(contributions are made post-tax but accumulate tax-free until retirement) IRA plan with a financial
institution, and authorizes the payroll deduction by the employer.

3Less than 0.05.

2The categories are based on the average wage for each occupation surveyed, which may
include workers with earnings both above and below the threshold. The average wages are based on
the estimates published in the "National Compensation Survey: Occupational Earnings in the United
States, 2010." See Technical Note for more details.


NOTE: Dash indicates no workers in this category or data did not meet publication criteria. For
definitions of major plans, key provisions, and related terms, see the "Glossary of Employee Benefit
Terms" at www.bls.gov/ncs/ebs/glossary20112012.htm.