Benefits tech platform concept Incentives, well-being, career/development/training and recognition programs are among the least understood benefits—leading employees not to appreciate their value. (Image: Shutterstock)

Employees are losing ground when it comes to understanding their workplace benefits—in fact, while in 2015 77 percent said they understood them, that’s now fallen to just 50 percent.

That’s not good news for employers, says a new report from Alight Solutions, since it affects how employees perceive the value they’re getting from their bosses. And that can cause problems when it comes to recruiting and retaining top talent, since if they don’t feel they and their families are getting top value, they’ll look elsewhere.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.