Data concept More than 55% of HR departments say they spend 11 hours or more every month manually transferring data to and from providers and HR systems. (Photo: Shutterstock)

The COVID-19 pandemic has led employers to deploy more resources than ever to human resources, in an effort to keep employees safe and allow them to continue to work—often from home. But that added investment comes with challenges on how to measure the effectiveness of these new efforts.

A new report from Thomsons Online Benefits outlines the issues around measuring HR data while delivering consumer-friendly benefits. Employers seem willing to invest in this area: in a survey of 542 HR leaders, the study found that 42% are spending 20% of employees’ baseline salaries on benefits, which is the equivalent to more than $12,000 per employee (based on US averages for salaries). In comparison, just 26% of companies were spending that much on benefits in 2019.

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?

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.