Businesses that put benefits education on the back burner while trying to stay afloat in the recession should strongly consider stepping up their education efforts very soon.
Reason: Last year, 45% of employees experienced a change in their benefits — including 31% who said they are paying more for benefits.
But despite that, only 29% of employees said they’d received effective benefits education in 2009, according to a recent Harris Interactive online survey of 1,106 U.S. adult workers. That’s a dramatic decrease from 39% in 2008.
That’s bad news, according to researchers who say as the quality benefits education dwindles, so does job satisfaction.
Some stats to consider:
- Among workers who say they receive quality benefits education, 90% say their employer values their work.
- 88% of those workers also say they are satisfied with their job and would recommend their employer as offering a good place to work.
If your benefits plans have undergone significant changes recently, it’s wise to consider educating employees about those changes ASAP.