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Workers estimate that their benefits represent 40 percent of their total compensation, when in fact data show that benefits actually average about 32 percent of a total compensation package. (Image: Shutterstock)In case you needed more evidence, a new survey underscores the importance of benefits in recruiting and retaining employees and suggests that there’s room for improvement in helping employees fully take advantage of their benefits package.
The survey, conducted by The Harris Poll for the American Institute of CPAs (AICPA), found 80 percent of respondents would choose a job with benefits over an identical job with 30 percent more salary but no benefits.
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Although deductibles have increased for private insurance plans, deductibles for ACA coverage have been decreasing year-to-year.
As you begin to filter through the various options for mental health coverage, here are a few things you should keep in mind.
Employers are still in the middle of a changing benefits landscape, with more uncertainty to come.
Guide
Sponsored by Collective Health
Help Your Clients Tackle the Great Resignation with Health Benefits
It’s no secret that health benefits have struggled to keep up with workforce expectations during the Great Resignation. Remaining competitive means employers must streamline their health benefits, put employees first and deliver on brand values. Download this guide to help your clients gain an edge in 2022 with their health benefits.
Guide
Sponsored by Collective Health
How to Tackle the Great Resignation with Your Health Benefits Strategy
Amid mass resignations and record-high job openings, employees are now firmly in the driver’s seat when it comes to where and how they work. So, how are you going to stand out in this highly competitive market? This guide outlines a forward-thinking health benefits strategy that will ensure your company remains competitive in 2022 and beyond.
eBook
Sponsored by Optum
Developing Effective Quit Services: 3 Key Facets for Success
Millennials and Gen Z value tobacco and nicotine cessation more than ever before, but quit programs must adapt to their evolving needs. New research indicates successful quit programs have three key facets. Download this interactive ebook to learn how to set your company apart with an effective quit services benefit.
Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.
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