Does Your Company Benefit From Your Employee Benefits Program?

When Employees Underutilize Benefits, It Can Cost You Money

According to a recent survey conducted by our corporate communications firm PL Communications (PLC), 50% of corporate Human Resource professionals said that employees do not fully use benefits such as Employee Assistance Programs, Vision Plans, and Flexible Spending Accounts.

These programs typically cost little for employers to offer, but lead to more productivity, fewer absences, business cost-savings and income tax liability reductions.

Employees Have a High Interest Level In Their Benefits

Three-quarters of the HR executives we surveyed said that employees are very interested in their benefits programs.

However, most of these same companies don’t conduct employee benefits communications.

Employees see benefits as an additional form of compensation. In a tight economy where salary increases are lower and less frequent, benefits take on greater importance. They are viewed by employees as a symbol of how much their employer cares about their well-being.

This perception is one of the most critical factors in a company's ability to attract, engage, and retain the talent it needs to be successful.

Your employees are your most valuable asset. After investing in benefits, it's worth the investment in your employees to address their concerns, keep them informed, and promote good employee relations.

CLICK HERE to learn how employee communications can help turn a company's benefits investment into a strategic competitive advantage...