Most companies are conducting business differently than they did pre-pandemic. Many employees are still working remotely, budgets have been cut, travel has been restricted and work teams are continually being asked to do more with less, just to name a few.
The employee benefits landscape has changed, as well. Employees have different priorities as a result of the pandemic, many of which are focused around financial well-being. Employees are dealing with new economic realities at home after experiencing significant changes, such as a spouse being laid off, an unexpected expense derailing their budget, or any number of other unexpected challenges encountered during an unprecedented year. Employees are, therefore, looking at benefit choices differently. For employers, this means that benefits previously thought of as "nice to have" are now a "must have" in the benefits package.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
