BenefitsEmployee Engagement

Employees Value Medical Benefits – 7/3

Glassdoor survey reveals top perks, employee confidence.
Companies will need to continue to find ways of delivering competitive advantage as employee confidence grows. According to Glassdoor’s Q2 2013 Employment Confidence Survey, 43 percent of employees believe they could find a job in the next six months that matches their experience and current compensation levels, a high since the third quarter of 2009. And what do they value outside of salary? Three in four (76 percent) employees report medical plan/coverage.
Another interesting finding around medical benefits: 31 percent employees report they do not believe their benefits are better than those offered at competitor companies. Other top benefits for employees include: holidays/vacation/sick time (72 percent), 401(k)/retirement/pension (62 percent), dental plan/coverage (60 percent), employee development/training (27%), wellness programs e.g., health screening programs, exercise/physical fitness programs, or health insurance education (26 percent), employee discounts e.g., commuter subsidies, gym membership discount, discounts on company products/services (26 percent), tuition reimbursement (23 percent), and office perks e.g., free food and drink, casual dress, or a pet friendly office (21 percent).

The survey, conducted by Harris Interative, evaluates four key indicators of employee confidence: job market optimism/re-hire probability, job security, salary expectations, and business outlook. See full results here

Tags: Benefits, Engaged Workforce, HRO Today Global

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