Although high unemployment rates may be advantageous to employers, there is one important issue that may hamper their abilities to obtain the best employees. That issue is health care benefits. Look at any company offering benefits, and compare their turnover rates to those of companies with mediocre benefits. The results show a consistent advantage for [...]
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Study Finds That Employees Value Benefits, But Still Don’t Understand The Costs
Whether an employee is old, young, male, or female, they most likely already understand the value and importance of benefits like dental insurance, health insurance, and 401(k)s. That said, the consulting and research firm LIMRA surveyed 1,500 U.S. employees and found that 40% of them didn’t know the cost of their health insurance. Furthermore, of [...]
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