New research released Thursday from Guardian Life shows that 62% of workers now enroll online for their employee benefits, compared to only 29% in 2005. In the past year alone, the use of online benefits enrollment increased by 8 percentage points, which represents a significant shift in how employees learn about, evaluate and interact with their benefits programs.
While Millennials generally are perceived as the generation that would overwhelmingly prefer to evaluate benefit offerings through online platforms, the survey of 2,000 adults of all ages reveals that 54% indicate that a consolidated web portal would help employees appreciate the value of available benefits more effectively.