Employees Move From “Intent” to “Action” to Protect Financial Future
Despite current economic conditions, “employee retention” remains the most important benefits objective for US companies, demonstrating that employers view talent as a source of competitive business advantage in good economic times and bad, according to MetLife’s 7th Annual Employee Benefits Trends Study. However, economic pressures are increasing employers’ emphasis on simultaneously controlling costs and increasing employee productivity.

For employees, financial protection is a growing priority and they are turning to their employers for help. With recent market volatility, employees are more aware of their personal risk exposure, causing 56% to report that they appreciate their workplace benefits more than ever before. Nearly half of working Americans (46%) say that because of recent economic events they are taking a greater interest in understanding the employee benefits they receive through the workplace.

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