Aflac | Workforces Report | 2013 - page 20

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W o r k f o r c e s r e p o r t | 2 0 1 3
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C o m p e t i t i v e E d g e 3 :
Providing robust benefits options
Economic pressures resulted in many companies decreasing
or eliminating benefits options altogether in recent years.
However, those measures can come at a high price when taking
into account the expectations workers have about benefits
and their role in protecting employees’ health and financial
well-being. On the contrary, organizations seeking a com-
petitive edge actually invest in employer-provided benefits
options more aggressively. In fact, Talent Attractors are
significantly more likely to offer employees a comprehensive
menu of insurance benefits, compared to the U.S. average.
This included wellness programs
and workplace benefits such as,
Employee Assistance Programs
(EAPs) and flextime (figure 3).
Lastly, Talent Attractor companies
are also less likely to say they plan
to terminate benefits in 2014.
Company Insurance
Benefits Offerings
U.S.
Average
Talent
Attractors
Major Medical
80% 100%
Dental
69% 93%
401(k)
71% 92%
Life
62% 86%
Vision
55% 85%
Disability
54% 80%
Flex Spending
40% 55%
Voluntary
32% 41%
Figure 3
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