Established by the International Foundation of Employee Benefit Plans (IFEBP), today we recognize trustees, administrators, benefits practitioners, and professional advisors for their dedication to providing quality benefits. Additionally, let’s not forget to recognize the role they play in their colleagues’ well-being.
Here are some interesting facts about how employees view benefits:
- A recent Glassdoor Employment Confidence Survey found that 4 out of 5 employees want benefits or perks more than a pay raise
- According to Gallup’s research, at least one-third of workers say they would leave their job for specific benefits and perks
- The top three contributors to employee job satisfaction are: (1) Respectful treatment of all employees at all levels (67%) (2) Compensation (63%), and (3) Benefits (60%) (Source: SHRM)
Employee Engagement is Key to Benefit Adoption
While benefits are highly valued by employees and are certainly top of mind for HR and competitive organizations, it’s a tremendous challenge to get employees on board and educated about the benefits packages you are offering. In fact, a survey from the IFEBP shows that nearly 50% of plan participants do not understand benefits materials, and most do not even open or read the information.
That same study indicated that the leading organizational goals for benefits communication are:
- Helping participants better understand and use their benefits (89%)
- Getting individuals to understand the value of their benefits (52%)
- Helping participants make smarter personal health and/or finance decisions (49%).
To make this even more complicated, employees want to be communicated to in a certain way, depending on whether they are early entrants, seasoned professionals, or nearing retirement.
“Benefit education and communications solutions can’t be one-size-fits-all, but must be clear, relevant, and personalized to different populations within the workplace in order to be successful,” says Ray Marra, senior vice president, group products at Guardian.
Your New Identity Theft Protection Benefit
Every day at IdentityForce, I work alongside Employee Benefits brokers and HR leaders who are either in the process of evaluating identity theft protection for their clients or employees or they are about to roll out identity theft protection. I help them to onboard their employees.
We offer 360-degree support for organizations rolling out IdentityForce – we believe that introducing a new employee benefit should be painless and we enjoy making it fast, fun, and effective. Our team works alongside HR organizations to customize
a 3-step rollout process to meet the diverse needs of each organization. This includes:
- Enrollment Platform Integration | We work with your HR team to make it seamless to get your employees set up
- Meaningful Marketing Support |From joint collateral to webinars and live presentations for your employees, we provide the support to educate your employees fast, while reinforcing the values and culture of your company
- World-class Support | Dedicated customer support line depending on client size, with 24/7 support available upon request
However, onboarding and support don’t end there! IdentityForce works alongside your team to tailor outreach based on corporate preferences and standards. Our programs also include custom webinars, videos, benefit fairs, FAQs, nurturing emails and educational initiatives.
Incorporating Identity Theft Protection as a Top Employee Benefit
We all want to incorporate the best employee benefits that make our workforce happy because we all know that happy employees are productive employees. There’s no better time to evaluate benefits communication strategy – and to even take a closer look at your benefit wheelhouse to ensure it aligns with your corporate goals around hiring and retaining top talent.
You can learn more in this on-demand webinar, which will take you through the story of why identity theft protection is now among the most widely adopted benefit options. In fact, it’s estimated that nearly 70% of employers will offer identity protection to their employees by 2018. Don’t get left behind – learn how organizations just like yours are incorporating benefits like this into their employee experience strategy and why it aligns so well with today’s employee-centric culture.