What Types of Benefits Don Employees Realize Their Companies Offer?
One of the biggest obstacles in securing participation in wallet-friendly programs is the lack of knowledge of certain offerings. When asked to identify which benefits employees typically don’t realize that their companies provide, human resource managers pointed to the following: • Flexible healthcare spending – 43 percent • Wellness benefits – 45 percent • Tuition reimbursement – 38 percent • Banking programs – 25 percent • Discounts on personal entertainment – 24 percent • Discounts on technology for personal use – 22 percent • Discounts on travel for personal use (rental cars, airplane tickets) – 20 percent • Transit programs – 10 percent • Help with childcare – 10 percent Thirty-one percent of workers reported that they don’t know their company’s policy for updating benefits due to life-changing events such as marriage or the birth of a child. “Workers who are not maximizing their benefit potential are literally giving away free money every year,” said Rosemary Haefner, Vice Presi
