OnForce Survey Reveals Health Insurance, Brainstorming, 401K Are Missed Most Among Independent IT Workforce

Holiday Party and Performance Reviews Ranked Amongst Least Missed

BOSTON--()--As the self-employed workforce continues to grow, a recent survey conducted by OnForce provides insight into the benefits and perks that are missed the most and those missed the least among IT professionals who have left traditional full-time employment.

Among the top three most missed benefits and perks, 37 percent of respondents cited health insurance, 30 percent listed brainstorming with colleagues and 20 percent answered matching 401K plans.

Unsurprisingly, commuting was ranked by 38 percent of respondents as the least missed aspect of being a traditional full-time employee. This was followed by 19 percent ranking formal performance reviews and 17 percent ranking the holiday party among the top two and three least missed aspects, respectively.

The October survey was administered to 1,337 IT service professionals throughout the United States ranging in age from 21-60+ with 82 percent of respondents falling between the ages of 30-59.

“Our broad network of independent IT service professionals enables us to take the pulse of today’s workforce and uncover insights into attitudes and preferences that are applicable beyond the information technology industry,” said Peter Cannone, CEO, OnForce. “When you consider that 50 percent of today’s workforce will join the ranks of the self-employed by the year 2020, and that 60 percent of IT service professionals willingly left full-time jobs to be their own boss, it’s important for companies to understand the current needs of full-time and contract employees if they want to remain competitive.”

Following are additional data points of interest from the survey.

Of the 37 percent of respondents that ranked health insurance as the most missed benefit:

  • 12 percent are aged 40-49,
  • 10 percent are aged 50-59,
  • 9 percent are aged 30-39,
  • 3 percent are aged 21-29, and
  • 3 percent are aged 60 and over.

While health insurance and 401K plans are still a top priority among the workforce, the survey also revealed insight into the social and professional development aspects of work. More specifically, the demographic group that ranked brainstorming as the most missed attribute were those respondents aged 40-49 with nine percent ranking it number one. However, this same demographic also rated the holiday party and performance reviews as the least missed aspect. In fact, the holiday party and performance reviews tied for least missed with six percent of respondents in this age group ranking it last.

And when it comes to free snacks and lunch, the demographic that misses this perk the most are those aged 30-39 with two percent of respondents in this group ranking it number one.

About OnForce

OnForce, a leader in technology-enabled workforce solutions, empowers companies of all sizes to gain a competitive edge in how work gets done. Its “just in time” Workforce-as-a-Service business model allows customers to rapidly grow their businesses, lower service costs, extend skill-sets, and generate new streams of revenue, while independent professionals earn assignments from leading service companies throughout the U.S. and Canada. As an innovator in the workforce solutions space, OnForce fully protects each work assignment with comprehensive insurance, proper classification of contract employees, and a 100 percent customer satisfaction guarantee. For additional information, please visit www.onforce.com.

Contacts

OnForce
Adam Gould, 713-962-6228
adam.gould@onforce.com
or
FastStart PR for OnForce
Kathleen Keating, 617-460-2702
kkeating@faststartpr.com

Release Summary

OnForce survey reveals what IT contractors miss most and least about leaving full time workforce. Health insurance tops the list with commuting and holiday parties at the bottom.

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Contacts

OnForce
Adam Gould, 713-962-6228
adam.gould@onforce.com
or
FastStart PR for OnForce
Kathleen Keating, 617-460-2702
kkeating@faststartpr.com