If employers are going to invest in new benefits, they should know which ones will best meet the needs of the different demographics in their workforce.
The Bureau of Labor and Statistics reports that the annual cost of benefits per employee is $23,696 in the private sector and $26,226 for civilian workers, and 78% of employees said benefits packages are a reason they are more likely to stay with an employer. Essentially, every benefit counts, so it’s good to have a handle on what employees of different ages and life stages want.
