Pandemic has employees rethinking the value of work benefits
A recent survey from Prudential finds that employees are putting a lot more emphasis on non-health benefits.
The COVID-19 pandemic has served as a wakeup call for many employees in the insurance industry and beyond who realize they need to be better prepared for the unexpected.
A recent survey from Prudential Financial sampled employees on their needs and perspectives as we move toward open enrollment and found, among other things, that non-health benefits are playing a bigger role in their decision to stay at their current job or move to a new one.
Related: What benefits are most important to employees? That depends on their salary
“While we’re pleased to see workers increasingly recognize the value of a comprehensive, cohesive workplace benefits package, we also cannot ignore that this stems from the financial, physical and mental stressors of the pandemic,” said Leston Welsh, head of business segments for Prudential Group Insurance. “Given the uncertainty of the current environment, it’s more important than ever for employers to educate and encourage their employees to choose the solutions that will help safeguard their financial security — over the near and long term.”
Check out more insights from Prudential’s survey in the infographic below: