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ONE-FOURTH OF EMPLOYERS OFFER HEALTHCARE BENEFITS TO PART-TIME EMPLOYEES

 NEW YORK, May 17 /PRNewswire/ -- In a survey of American businesses, only 26 percent of companies using part-time employees provided those employees with group health insurance, according to a newly released national study of 541 companies encompassing every major economic sector conducted by Coopers & Lybrand, the international accounting and benefits consulting firm.
 The study, Benefits Policies and Programs, found that while only 26 percent of companies provide group health insurance for part-time workers, 85 percent of this group provide them with the same group health insurance benefits offered to full-time employees. In terms of specific industries, more companies in the healthcare industry (31 percent) provide this benefit than companies in other industries.
 For purposes of this study, part time employees are defined as those working fewer than 1,000 hours per year and less than 20 hours per week. However, according to Iris Goldfein, a partner with Coopers & Lybrand's Human Resource Advisory Group. "The definition of part time employee under the Clinton Administration's efforts toward national healthcare reform will be critical for employers in certain industries that rely heavily on part time workers."
 Of the companies polled, 67 percent regularly employ part time employees. According to the study, a significant proportion of companies in the banking and finance, healthcare, and retail trade industries employ part time employees.
 "We are seeing an increasing use of part time and temporary workers in our economy. This seems to be indicative of a trend which may result in many workers not receiving benefits," said Goldfein.
 Group life insurance for part-time employees is offered by 23 percent of companies surveyed, with the healthcare industry comprising the largest group providing this benefit. Also, larger companies appear most likely to offer group life insurance with 38 percent of companies with revenues of $10 billion and over providing it to part time employees.
 Among those companies offering benefits to part-time employees, 40 percent provide paid sick leave. Also long-term disability is offered by 13 percent of all companies, with the banking and finance industry leading all others in providing long-term disability. Additionally, 38 percent of companies in all industry groups with revenues of more than $10 billion offer long-term disability to part-time employees.
 The study found that part-timers are more commonly provided paid holidays than any other company benefit. Of those companies employing part-timers, 68 percent provide paid holidays. Also, paid vacation is another commonly offered benefit with 66 percent reporting paid vacation benefits for part-time employees.
 According to Janet Fuersich, director of the Human Resource Advisory Group survey unit, Benefits Policies and Programs is a survey of 541 companies ranging in size in terms of annual revenues from under $30 million to more than $10 billion. The industry sectors covered by the survey include durable goods manufacturing, non-durable goods manufacturing, banking and financial services, insurance, healthcare, business and personal services, technical services, not-for-profit, retail trade, gas/electric utilities, and other miscellaneous industries.
 Copies of the Benefits Policies and Programs survey are available for $495 from Coopers & Lybrand, 1301 Avenue of the Americas, Room 9-56-1, New York, N.Y. 10019-6013; 212-259-2447.
 Coopers & Lybrand is one of the world's leading professional firms, with offices in 101 U.S. cities and member firms in 120 countries worldwide. The Human Resource Advisory Group is ranked among the top ten employee benefits consulting practices in the world, and is the largest such practice to be associated with an international accounting firm.
 -0- 5/17/93
 /CONTACT: Doris Brown of Coopers & Lybrand, 212-536-2013, or David Fridling of Ruder-Finn, Inc., 212-593-6321, for Coopers & Lybrand/


CO: Coopers & Lybrand ST: New York IN: SU:

TS-OS -- NY057 -- 9205 05/17/93 12:21 EDT
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Date:May 17, 1993
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