A 'New Normal' For Employee Benefits
The past year has caused workers to experience a significant shift in their priorities. As a result, employers have had to make adjustments to their benefits packages to account for employees' shifting priorities. According to a recent survey from consultants Willis Towers Watson, 47% of employers report enhancing healthcare benefits, 45% are boosting well-being programs, and 33% are tweaking paid time off and vacation days. The trend points to the emerging question of whether or not increased employee benefits will remain in a post Covid-19 era.
See "A 'New Normal' For Employee Benefits", Chris Taylor, Reuters, October 6, 2020