
4 ways benefits have changed in the last 4 years
“Most HR professionals are well-versed in looking at data year-to-year,” says Amy Kaminski, vice president,
Here are four ways employee benefit plans have changed since the last leap year.

Less wait time for certain benefits
For example, in 2011-12, organizations reported an average wait time of 91.7 days before employees were eligible for vacation, according to Compdata. Now, the average wait time is 84.4 days. And, the wait time for retirement plan eligibility decreased dramatically, from 130.9 days in 2011-12 to 111.8 days in 2015-16.

The rise of HDHPs

Higher deductibles
