Current benefits

Because seven-in-ten employees spend an hour or less reviewing their current benefits and selecting new coverage options, they need workplace advice that is succinct and easy-to-understand. Young employees under the age of 35 are particularly hungry for personalized guidance and rules-of-thumb. Nearly two-thirds (64%) of these young employees -- and 54% of employees overall -- say that they would definitely or probably sign up for financial planning, if it was offered through the workplace as a voluntary benefit (i.e., for which the employee pays all or most of the cost). In addition, employees under the age of 35 are more interested in hearing about benefits they have not had before than their older counterparts (46% vs. 34% of respondents age 55 and older), and having access to resources to help them better determine what changes they need to make due to recent life events

Tags:
Beneficial Insurance
Guidance about Insurance