George Washington on dollar bill with falling red stock chart and downward arrow on his face (Photo: Shutterstock)

Over the past couple of years, employers and employees have had to adjust to a new world of work. COVID-19, the ensuing Great Resignation, and continued economic uncertainty have not only changed the way we work, but they have deeply affected the ways employers support their workers. In the face of what has become a job candidate’s market, employers quickly offered new voluntary benefits and perks to help attract and retain top performers. Everything from tuition reimbursement to legal services, debt assistance, and even pet insurance is now on the table.

Yet, as employer health care costs go up (projected to rise as much as 5.6% next year) and we continue to see hints of an economic downturn, employers may find it difficult to sustain current levels of spending on employee benefits. And as news about high-volume layoffs continues to circulate, many employees may start to feel anxious about the security of their own jobs — and any or all of their benefits.

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

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

  • Critical 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 events.
  • Access to other award-winning ALM websites including and

Already have an account?


BenefitsPro Broker ExpoEvent

BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions.

Get More Information


Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

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