employee benefits in the us: how to stay competitive

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Employee Benefits in the US: How to Stay Competitive David Bercow, National Vice President of Strategic Partnerships

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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

3

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.

4

TraditionalBenefits

401k

Vision

Life

Medical

DentalWhat are Traditional Benefits?

Disability

5

Benchmarking: Employees 1 ­ 100

6

Shopping Traditional Benefits

Insurance BInsurance A Insurance C

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

Q&A

Thank you foryour time

David [email protected]