2023 Northwest Employee Benefits Report Now Available!

Cascade is excited to announce that the 2023 Northwest Employee Benefits report is now available! This regional survey report is a great resource for benefits and policy data for Oregon and Washington organizations that want to ensure their benefits and rewards are competitive in today’s market.

Highlights of this year’s results include:

• Time-Off Practices
  • For PTO (pooled) leave, an employee of one-year earns an average of 110 hours of PTO versus 197 hours of PTO for an employee of thirty years. In this survey, time-off is split by employee tenure (1, 5, 10, 15, 20, and 30 year breakouts) for better scale comparisons.
    
• Life Insurance, Disability, and Retirement Packages
  • 70% of participants provide a 401(k) plan compared to last year’s 42%. 40% offer a Roth 401(k) and 15% offer a Simple IRA.
    
• Health & Welfare Benefits, including Vision and Dental Insurance
  • Creative benefits and additional program offerings continue to be important offerings. Nutrition education is offered by 16% of participants (10% last year). Additional program offerings had increases this year such as identity theft protection (21% compared to 15% in 2022) and financial planning and/or financial education (44% compared to 36% in 2022).
    
• Compensation Benefits Practices
  • The average annual base salary increase for 2022 was 4.4%, with 59% of respondents offering 4% or more this year. Make sure to participate in our Salary Budget survey, out now, to get more detailed salary increases data.
    
• Diversity, Equity and Inclusion Practices
  • 23% of respondents have a DEI strategy that is fully implemented, compared to 18% in 2022.
    
• Other Policies and Practices
  • The top additional creative benefits offered by participants include free food provided at the office (36%), corporate library (19%), and gas reimbursement (17%).

The survey consists of two final reports: A full report containing all participant information, and a nonprofit report, containing nonprofit data only (57 organizations). These final reports are FREE to all member participants and are significantly discounted for non-member participants. Discounted pricing is also available to nonprofits looking to purchase both pay and benefits data.

For more information about the survey, or to purchase the final report, please click here. A large thank you to all organizations who contributed to this survey and continue to make our surveys successful!