Benefit offerings increasingly used to recruit and retain employees, survey finds
Posted October 19, 2015
Faced with a competitive job market and stagnant wages, more organizations are turning to their
The 2015 Strategic Benefits Survey conducted by the Society for Human Resource Management (SHRM) found that 38 percent of respondents said their organization leveraged benefits to recruit employees at all levels during the past 12 months, a statistically significant increase from 26 percent in 2013 and 29 percent in 2012.
At a time when more than one-half of respondents said their organizations had difficulty recruiting highly skilled employees, 40 percent of respondents said their organizations used benefits to lure these hard-to-recruit employees during the past 12 months. This represents an increase of 10 percentage points since 2013.
To retain employees at all levels of their organization, one-third of HR professionals looked to benefits in the past 12 months, a statistically significant increase from 18 percent in 2013 and 20 percent in 2012.
In other findings, the survey results showed:
- 96 percent of organizations offered health care insurance plans.
plan year 2015, respondents said their organization is paying on average 76 percent of employees’ total health care costs.
- 46 percent of respondents said their organization increased the share employees pay for health care this plan year over last plan year.
- 72 percent had not considered providing subsidies to their employees to purchase health care insurance through a private exchange.
- 69 percent said their organizations offered a wellness program, resource or service.
- 52 percent indicated employee participation in wellness programs increased year over year, as has been the case since 2012.
Flexible work arrangements
- 48 percent of HR professionals indicated their organization provided employees with the option to use flexible work arrangements.
- 29 percent of employers that do so reported an increase in employee participation over last year.
Assessment and communication of benefits
The SUPER adVISOR™ newsletter contains four pages dedicated to the HR manager and a corresponding four-page pullout dedicated to the needs of supervisors.
J. J. Keller's FREE HRClicks™ email newsletter brings quick-read human resources-related news right to your email inbox.