As circumstances continue to change, understanding employee benefits market trends is more important than ever. Knowing what other companies are doing can help employers make informed decisions about their operations and benefits offerings.
In 2021, Assurex Global conducted polls with thousands of employers to gather insights on employee benefits, human resources, and healthcare topics. These findings, detailed in our Employee Benefits Market Trend Report, can guide your decisions as you evaluate your benefits strategy.
THREE KEY TAKEAWAYS FROM THE REPORT
1. Wellness Programs
Over half of employers surveyed tied their wellness program requirements to participation only, without requiring specific health activities or metrics. The most common wellness incentive offered is a reduction in health plan premiums. Interestingly, none of the respondents reported implementing a vaccine surcharge.
2. 2022 Employer Health and Well-Being Strategies
Employers are prioritizing healthcare affordability for their employees. Many are holding or reducing payroll contributions for 2022. Additionally, some are reducing cost-sharing requirements, such as copays and deductibles, to ease financial burdens.
3. Changes in the Workforce – “The Great Resignation”
Over 60% of employers acknowledged concerns about “The Great Resignation,” and nearly 60% are taking or planning steps to address it. Employers are rethinking their benefits offerings to improve employee retention and attract top talent.
HOW KAPNICK CAN HELP
At Kapnick, we offer tools and resources to help employers respond to employee concerns and market trends. These include:
- Kapnick Strive – Data-driven worksite well-being programs with newsletters, webinars, and challenges
- Compliance alerts, webinars, and consulting
- Diversity, Equity & Inclusion consulting
- Kapnick Lens – Advanced analytics to uncover cost drivers and program correlations
- Monthly benefits education emails to help employees make informed decisions
For more information, contact us at .
