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48% of employers have invested in benefits due to economic climate change

Employee Benefits

Nearly half (48%) of employers have boosted investment in their benefits package over the last 12 months in response to economic climate changes, according to research by benefits provider Zest. Salary (46%) was the next largest factor, followed by demands for better employee benefits packages (43%).

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What Is an Employee Benefits Consultant and What Do They Do?

Fringe Benefit Analysts

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. For example, an employee benefits consultant may suggest other wellness incentives, as a means to attract future talent.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. Providing access to healthcare services and wellness programs can help employees stay healthy and productive, reducing absenteeism and healthcare costs for employers.

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5 Ways a PEO Has Your Business’s Back

Insperity

Offer more comprehensive benefits for less. Benefits, such as medical insurance and retirement plans, are commonly a major incentive for job candidates. Unfortunately, since small businesses employ a smaller number of individuals, providers make less money than they do with the big guys.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs. This can help employers tailor their benefits packages to meet their employees' specific needs and preferences. However, the packages should meet the needs and expectations of employees.