Credit: Gina Sanders/Adobe Stock

As costs rise, employees are considering tightening their benefits budgets. Consumers are willing to spend a median $120 monthly on benefits, not including retirement savings, this year. That is down $50 from the previous 2 years, according to new data from LIMRA's 2024 BEAT Study: Benefits and Employee Attitude Tracker.

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
NOT FOR REPRINT

© 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.

Benefits Sales Strategies
Core and Group Health
Practice Management
Voluntary Benefits
C-Suite
Employer-Paid