New to HR? Templates, tools and development to make you a seasoned pro in no time.
Shawn Premer shows how doing the right thing for employees leads to positive business results.
Is your employee handbook keeping up with the changing world of work? With SHRM's Employee Handbook Builder get peace of mind that your handbook is up-to-date.
Build competencies, establish credibility and advance your career—while earning PDCs—at SHRM Seminars in 12 cities across the U.S. this spring.
#SHRM18 will expand your perspective – on your organization, on your career, and on the way you approach HR. Join us in Chicago June 17-20, 2018
Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organization’s culture, industry, and practices. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRM’s permission. To request permission for specific items, click on the “reuse permissions” button on the page where you find the item.
Benefits remain a critical element of the employee experience, and the vast majority of workers agree that they are just as important as their salary. But according to the 2013
Mercer Workplace Survey of 1,506 U.S. retirement plan participants who also receive health benefits, the perceived value of benefits is eroding among workers in the wake of steadily higher out-of-pocket health care expenses. The falloff is most pronounced for workers under age 50, among whom 30 percent say benefits are “definitely worth it”—down from 45 percent who said so in 2011.
“Workers in smaller organizations of 500 or less employees are likelier than those in large firms of 2,000 or more to report that their health benefits were scaled back,” said Rich VanThournout, relationship management leader for Mercer’s benefits administration business. “This reflects efforts by smaller businesses to control health benefit costs by increasing the deductibles and co-pay amounts of health plans.”
Still, “our survey shows that employees are satisfied with the quality and accessibility of benefits information,” VanThournout added. “And thanks to continued efforts by employers and their benefits administrators, workers are finding it easier to manage and understand their health plan choices.”
Related SHRM Articles:
You have successfully saved this page as a bookmark.
Please confirm that you want to proceed with deleting bookmark.
You have successfully removed bookmark.
Please log in as a SHRM member before saving bookmarks.
Please sign in as a SHRM member before saving bookmarks.
Please purchase a SHRM membership before saving bookmarks.
An error has occurred
Recommended for you
Talent Attraction Study: What Matters to the Modern Candidate
Join SHRM's exclusive peer-to-peer social network
SHRM’s HR Vendor Directory contains over 3,200 companies