Employee Benefits Survey Analysis Part 1

This report presents an analysis of employee benefits based on a survey conducted among small and midsize employers and their employees. The survey aimed to identify the misalignment between what employers offer and what employees value in their benefits packages. The methodology section details the data collection process, which involved responses from 305 employers and 925 employees across various industries. Key comparisons reveal significant discrepancies, such as the importance of mental health benefits, which 63% of employees value, yet only 5% of employers provide. Additionally, the report highlights that 65% of employees wish to have a say in their benefits, contrasting with only 36% who feel they currently do. The findings indicate that employers need to align their offerings with employee expectations to enhance retention and satisfaction. The conclusion emphasizes the necessity for employers to engage with employees regarding their benefits to foster a supportive work environment.