While businesses are struggling with how to manage rising health care costs, small companies are moving away from one-size health overall plan and adoption benefits more widely.
For example, businesses are increasingly using strategies such as wellness programs, health reimbursement arrangements, and benefit from the allocations to manage costs and allow employees a greater choice and customization benefits. Yet with change comes the importance of training employees.
How important benefits of education? A recent survey indicates employee training is the key to successful benefits. Let's take a look.
5 Trends
The investigation of Four Seasons Financial Education (FSFE) focused on the financial well-being and education. Much closer to the point, the survey is a useful reminder of the importance of training employees and can be applied to all types of services.
What the survey find? Here are five quick statistics to help you successfully evaluate and communicate the benefits.
1. Employees say pensions are the most difficult to understand, followed by health insurance, HSA and FSA. On the other hand, 35 percent of employees say they understand the benefits well.
2. wellness programs can increase satisfaction. to the tune of almost 40 percent compared to companies that do not offer a wellness program.
3. Employees show a better understanding of the 401 (k) options -. and feel more confident with a wellness program and financial education
4. The financial most important objective for the employees? retirement (35 percent), budgeting and debt (33 percent), and financial planning (22 percent).
5. To help achieve financial goals, employees say the most useful resource is one-on-one advice from a professional (48 percent) education (38 percent), and a personalized plan (37 percent).
Conclusion
As companies adopt new delivery strategies to manage costs and better meet the expectations of employee benefits, employee training is key. As this recent study indicates, employers can help increase the satisfaction of services through education, personalized services and adequate resources.
What questions do you have about the advantages or benefits of education? We would like to hear from you! Leave a comment or question below.
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