Market Insights

The U.S. Chamber of Commerce reports that there are still approximately 1.7 million workers missing from the post-pandemic workforce.

Employers generally turn to direct contracting expecting lower costs, shared savings, and easy implementation. Most respondents reported expecting savings between 6% to 20%.

Fertility and adoption support are advantageous in attracting and retaining talent as well as supporting employee wellbeing.

The law's student loan matching provision has received high adoption rates from plan sponsors, says Ron Ulrich, ADP's VP of Retirement Services, who discusses key 2024 and 2025 provisions that employers need to take advantage of.

Employees overwhelmingly are using their LSAs to take care of their physical and mental health and wellbeing, demonstrating how effective these accounts are in providing a guilt-free avenue for employees to take care of themselves.

61% of respondents to a Self Financial survey said they have lied to co-workers about how much they earn.

Only 6% of companies say they have no plans to require any employees to RTO.

Nearly 86% of respondents indicated that they were either satisfied, or very satisfied with their insurance broker's services.