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Amidst economic uncertainty and high levels of turnover, employee expectations have shifted. Specifically, 40% of employees intend to scale back their benefit selection due to inflation as premiums are estimated to increase by 7%-8% in 2023. To ensure employees are getting the most out of the benefits offered, employers must focus on engaging their workforce around health and wellbeing by showcasing the value of their benefits package. With that, starting open enrollment communication planning early is a key component to developing a successful employee benefits engagement strategy.
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