Rebecca Greenfield from Bloomberg writes for Benefits Pro about a strange new contradiction in the workplace - employee satisfaction is at its highest level in 10 years, yet workers report low satisfaction with their benefits, compensation, time off, and "respectful treatment of employees" at work, according to an annual survey of 600 employees by the Society for Human Resource Management.
Read the full article from Benefits Pro.
"Organizations are still being fiscally conservative, so they're not investing full force in benefits as before," said Evren Esen, director of survey programs at SHRM. Employers largely still offer health benefits, but as costs rise, more of the costs have shifted to workers via deductibles and health savings accounts.
The uptick in employee satisfaction might have more to do with perspective: Remember when things were worse? "There's a stabilization, so to speak," said Esen. "Employees who are staying in their jobs are feeling there are things that are improving"
Your organization can save on healthcare spending and still provide better
benefits while protecting employees from cost shifting -
download our Quick Guide to Partial Self-Insurance to learn more:
The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources believed to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a ‘covered opinion’ or other written tax advice and should not be relied upon for any purpose other than its intended purpose