Question 19. If the modifications you have mentioned require you to
pay more premium, are you willing to pay more?
Findings:
(1) willing
(2) unwilling
(3) undecided
The maximum percentage of your salary or wages you are
willing to pay:
54
Only 44.1% (N 921) of all the employees were willing to join
if the modifications required them to pay more. (Table 0097)
The maximum percentages of salary the employees were willing
to pay as premiums were tabulated in Table 0098.
About, one half, 55.9% (N
1168) were not willing to pay more.
13.6% (N
=
Of those who were willing to pay more,
125) were willing to
pay 10% of their salaries while 43.4% (N 400) were willing to pay 5%
of their salaries. The mean maximum percentage of salary willing to
be paid was 5.3%.
Question 20. If you are allowed to contribute separately to each of
the following benefits, which are you most willing to
contribute to?
(1) Injury
(3) Life Insurance
(2) Sickness
(4) Retirement Benefit
(5) Housing Loan
(6) None of these
Findings:
The schemes that the employees were most willing to join separately
were injury benefit (27.1%, N = 567) and retirement benefit (22.5%, N = 469).
Next on the list were the housing loan (18%, N = 375) and the sickness benefit
(16.4%, N = 343). Life insurance had the least appeal (5.7%, N =120). This
finding confirmed the finding of the ranking of the benefits if the injury
and sickness benefits were grouped together. (Table 0099)
Question 21. Are you willing to contribute more money to increase the amount
of your chosen benefits?
Findings:
(1) willing
(2) unwilling
About half (57.3%, N = 1074) of employees who were willing to
contribute separately to a type of benefit, would be willing to contribute more
to the chosen benefit, another 37.5% (N
(N = 98) were undecided. (Table 0100)
=
702) were unwilling and 5.2%