Table 4.34
Union premiums for health, retirement, and paid leave benefits
Difference | Union premium | ||||
---|---|---|---|---|---|
Union | Nonunion | Unadjusted | Adjusted* | ||
Health insurance | |||||
Percent covered | 83.5% | 62.0% | 21.5 | 17.5 | 28.2% |
Employee deductible | $200 | $300 | -$100 | -$54 | -18.0% |
Employer share | |||||
Single plan | 88.3% | 81.8% | 6.5 | 9.1 | 11.1% |
Family plan | 76.3% | 64.9% | 11.4 | 10.1 | 15.6% |
Retiree health coverage | 76.6% | 59.8% | 16.7 | 14.6 | 24.4% |
Pension | |||||
Percent covered | 71.9% | 43.8% | 28.1 | 23.6 | 53.9% |
Employer costs (per hour) | |||||
Defined benefit | — | — | — | $0.39 | 36.1% |
Defined contribution | — | — | — | -0.11 | -17.7% |
Time off | |||||
Vacation weeks | 2.98 | 2.35 | 0.63 | — | 26.6% |
Paid holiday/vacation (hours) | — | — | — | 22.2 | 14.3% |
* Adjusted for establishment size, occupation, industry, and other factors. Adjusted difference is used to calculate premium.
Source: Buchmueller, DiNardo, and Valletta (2001) and Mishel and Walters (2003, Table 4)
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