Open enrollment decisions can make or break an employee’s year, and yet for many Americans, it’s just something to quickly check off their to-do list.
For Jillian Mondaca, head of enrollment at insurance company Prudential Financial, it’s on employers to change those habits. According to Mondaca, employees on average spend less than an hour choosing their benefits for the year, despite these being one of the biggest financial choices employees will make for themselves and their families. Even Mondaca admits it’s easy for her to underestimate the importance of open enrollment when it’s her time to choose.
