The evolution of benefits
In this edition of next we are proud to introduce our Benefits 2.0 research. This pioneering dataset, commissioned from Economist Impact, covers a range of benefits, including retirement programs, health insurance, life/disability insurance, paid time off, family support (e.g., parental leave, childcare, elderly care and family planning) and education and training. Through our survey, more than 1,500 people from industries across the country and various seniority levels were interviewed to gain their perspectives on what their companies offer and how benefits should continue to evolve. Our research establishes three significant themes: employee priorities are shifting, but businesses aren’t answering the call for tailored benefits; as such 70% of workers would consider switching jobs for better benefits; and two-thirds of workers say their organizations don’t tout benefits or train sufficiently, so benefits go unused.