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Workplace Benefits Are Key to Financial Security

Posted by Jeremy Cavness on August 6, 2015
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Workplace Benefits Are Key to Financial Security | Jeremy Cavness | HR Insights blog by CareATC, Inc.In a recent study, a disconnect was found between the expectations of benefits provision among employers and their workforces.

Employees predominantly see benefits as essential to their financial stability, most citing the need for further retirement assistance. But only 16% of employers surveyed felt the need to provide such benefits.

Perhaps unsurprisingly, these employers thought that most workers were unhappy with existing benefits plans, though their predictions were more pessimistic than the reality might warrant.

Despite all of this, workers receiving comprehensive benefits coverage tended to be happy with the situation.

They also expressed that these plans had been explained to them adequately, and that generous coverage enabled them to manage their own health care with confidence.

Read full article at Benefits Pro.

Photo credit: Health Care Costs by 401kcalculator.org [CC BY-SA 2.0]
Jeremy Cavness

About The Author

Jeremy Cavness

Jeremy is a former CareATC marketing team member.

Post Topics Benefits & Compensation