Employers rightly view a robust benefits package supporting the physical, mental, and financial health of their employees as an essential tool for recruitment and retention. Likewise, employees are taking a more holistic view of compensation when weighing employment offers.
Benefits represent 31% of employers’ overall compensation cost (with the remaining 69% salary), making it a clear win-win when employees understand and take advantage of the full suite of perks their employers are providing. However, research shows employees have difficulty understanding how to take full advantage of their benefits.
