No matter how you slice it, businesses across all industries are facing a convergence of challenging dynamics. Employee benefits and talent management are increasingly complex as a result of changes in employee expectations, an increased emphasis on well-being, and the differing needs of a multigenerational workforce. Inflation and rising healthcare costs create additional pressures for both employers and employees.
Benefits still matter—a great deal, in fact. That’s why employers need to move beyond one-size-fits-all benefits, which fall short in addressing the most critical gaps between what employers are offering and what employees want.
Investing in the right benefits can drive better outcomes—for employees and business. Here are the top 5 key trends to watch and the impact they can have on benefits:
- Retention & Loyalty
- Affordability
- Flexibility & Customization
- Employee Mental-Health & Well-Being
- Family-Friendly Benefits
Click here to view the entire guide and better understand how ECG Insurance can help you customize your benefits package to fit your team’s specific needs.
This Legal Update is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice. © 2023 Zywave, Inc. All rights reserved.
