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Conduct market research to ensure salary offerings are competitive, and consider non-monetary benefits such as flexible leave policies, healthcarebenefits, retirementplans, and professional development opportunities. Tailor benefitspackages to address the unique needs and preferences of Gen Z.
According to Mercers Survey on health & benefit strategies for 2025 , almost 70% of surveyed companies are or are planning to offer financial wellness programs in their benefitspackage next year. This projection shows the benefits trends in use and utilization of financial wellness programs among employees.
The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Healthcarebenefits can be wide-ranging, but usually include some sort of insurance package that helps make medical costs more affordable for employees.
Unique benefits—such as extended parental leave, mental health support, or student loan repayment assistance—signal to potential hires that the company values them as individuals, not just for their output. Approximately 73% of employees are more inclined to stay with their current employer if offered additional benefits.
Beyond being a traditional healthcarebenefit, HSAs provide a win-win situation for both employers and employees. Understanding HSAs Health Savings Accounts are tax-advantaged savings accounts designed to help individuals and families with high-deductible health plans (HDHPs) cover medical expenses.
Corporate wellness programs will impact physical wellbeing Beyond traditional healthcarebenefits, employers are increasingly recognizing the need to invest in comprehensive corporate wellness programs. Costco, for instance, is known for offering high-quality healthcarebenefits to its employees at a reasonable cost.
Addressing Other Related Issues and Concerns Manage Benefits With more workers being classified as employees, HR departments will need to adjust benefit offerings accordingly. This may include providing access to healthcarebenefits, retirementplans, paid time off, and other perks reserved for employees.
For instance, a survey by MetLife found that 76% of employees would be encouraged to stay with their current employer longer if offered access to more benefits. This highlights the importance of a diverse benefitspackage in retention strategies.
These incentives span a wide array, from health benefits and retirementplans to flexible work arrangements, financial bonuses, and professional development opportunities. Comprehensive medical, dental, and vision insurance plans offer peace of mind.
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