The importance of workplace benefits speaks for itself whennearly 75 percent of middle-income employees say they rely on themfor a majority of their financial security. The employers getsomething out of workplace benefits, too: Four out of fiveemployees say that benefits are the decidingfactor in taking a new job or staying with theircurrent company, according to the 2014 Guardian WorkplaceBenefits Study.
|Despite the importance benefits can have, the study revealedthat only 25 percent of workers say employer communication is helpful for choosingtheir best benefits options.
|“As Americans get ready to sign up for their workplace benefitcoverage this open enrollment season, it’s important to recognizehow benefits contribute to the overall financial well-being of mostworkers,” said Phyllis Falotico, head of group marketing atGuardian. “Workplace benefits are essential to most Americans’financial security and employers have a responsibility to improvetheir employee communications and participation programs to ensuretheir workforce is adequately covered.”
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