Are Your Employee Benefits Aligned With Employees Wants?

The employee benefits landscape is ever-changing as the needs and wants of our workforce change. But for many organizations their benefits haven’t adapted to the current workforce’s expectations. The COVID-19 pandemic and the “Great Resignation” prompted employers to evaluate their employee benefits strategies to help attract and retain talent, but what about now? Are employee expectations still the same? Are more changes necessary? Let’s look at some data for these answers.  

​Per the 2023 SHRM Employee Benefits survey, the following outlines the importance of benefit categories: 

• 89% Health-related benefits 
• 81% Retirement savings and planning  
• 80% Leave benefits 

• 70% Flexible working benefits 
• 68% Family-friendly benefits 
• 67% Professional and career development  
• 52% Financial (non-retirement) benefits 
• 49% Wellness benefits 

• 44% Education benefits 
• 37% Technology benefits 
• 13% Transportation benefits 
• 10% Housing and relocation benefits 

 
As shown below, the 2023 SHRM Employee Benefits survey results show an increase in importance for the highest rated benefit categories from the pre-pandemic 2019 results. 

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