Why Is This Important?

Employers have questions about their Employee Benefit Plans.  Is our pricing competitive?  Are we providing a comprehensive package?  Does our benefits package promote employee loyalty and satisfaction?  The 10th Annual MetLife Study of Employee Benefit Trends again suggests a disconnect between employers and employees.  Here are some specifics to think about…

  • Employee loyalty is not recession proof, employee loyalty is at a seven year low.  In 2008 59% of employees had a strong sense of loyalty to their employer, in 2010, 47%, in 2011, 42%.
  • The survey finds employees less committed to their employers but at the same time highly dependant on their employee benefit plans.
  • For companies of all sizes, one in three employees may become a flight risk in 2012.
  • A significant segment of employers (60%) see an opportunity for benefit strategies to improve employee attraction, retention, and productivity.

Employers have a lot on their plate.  With employee satisfaction at its lowest level in years, creating and executing the right benefits strategy is critical for success.
 

 
WHAT DOES YOUR BENEFIT PLAN
SAY ABOUT YOUR COMPANY?