Employee Benefits in the US:How to Stay CompetitiveDavid Bercow, National Vice President ofStrategic Partnerships
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AgendaTradition Benefits1
Benchmarking2
How to Shop Benefits3
NonTraditional Benefits4
How to Stand Out5
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87%Percent of employeessay health insurance isvery or extremelyimportant when decidingwhether to stay in orchange jobs.
Traditional Benefits – What Drives EmploymentDecisions?
75%Percent of employeesreported they are morelikely to stay with theiremployer because oftheir benefits program.
69%Percent of employeesmight choose one jobover another if it offeredbetter benefits.
The Big Secret: PEO
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Medical & Supplemental•
InsuranceBenefits Administration •
FMLA•COBRA •
• Horizon Plan• Employee Handbooks• I9/Everify Assistance• Hiring Support Including
Applicant Tracking*
• Harassment/Discrimination Training
• Policies & Procedures
• Coverage• Claims
Administration• Safety Programs• OSHA Compliance• EPLI
Processing & Check Printing•
Tax Filing •PTO Tracking
•Garnishments
•Wage & Hour Compliance
• Time &
Attendance •
GL Interface •
Payroll &Payroll TaxReporting
Workers’Compensation & Safety
HRAdministration & Consulting
Employee Medical& RelatedBenefits
*Coming2019
https://www.talentnow.com/recruitmentstatistics2018trendsinsightshiringtalentedcandidates/8
91%Percent of employeesthat view nontraditionalbenefits as an importantaspect of their jobsatisfaction.
Non Traditional Benefits
4.45Ranking employees gaveto having flexible workhours being the mostimportant benefit overunlimited paid time off,remote work options, andpaid holidays (scale of 1 –5).
78%Percent of employers thatoffer employees freesnacks and beverages asa perk.
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NonTraditionalBenefits
Medical, Dentaland VisionInsurance
Flexible Time Off
PublicTransportationReimbursement
GamingTournaments
Catered Mealsand UnlimitedSnack
Subsidized GymMembership
Remote WorkPolicy
MonthlyMassages
https://www.talentnow.com/recruitmentstatistics2018trendsinsightshiringtalentedcandidates/10
Upright
NonTraditional Benefits: Stand Out!
Uplift Childcare