The amount of workers enrolling online for their employee benefits has doubled since just a few years ago. Research from Guardian Life Insurance Company of America shows 62 percent of workers now enroll online, compared to 29 percent in 2005.
In the past year alone, the use of online benefits enrollment increased by 8 percentage points, representing a significant shift in how employees learn about, evaluate and interact with their benefits programs.
The study also offers generational insights regarding employee preferences related to benefit platforms. Though millennials are generally perceived as the generation that would overwhelmingly prefer to evaluate benefit offerings through online platforms, in effect, a majority of all workers (54 percent) indicated that a consolidated web portal would help employees appreciate the value of available benefits more effectively.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.