MorganHR’s Bi-Annual Benefits Study 2022

MorganHR Bi-Annual Benefits Study 2022

Employee Benefits Study: Insights for Competitive Packages

Anyone who has ever tried to keep up with the latest changes in employee benefits knows that it can be a full-time job. Keeping track of evolving trends, compliance requirements, and employee expectations can be overwhelming. That’s why our bi-annual Employee Benefits Study provides the insights you need to stay ahead.

Why an Employee Benefits Study Matters

A well-structured benefits package plays a crucial role in attracting and retaining top talent. Our Employee Benefits Study keeps you updated on the latest trends, innovative programs, and changes in workplace benefits. You may be surprised at how much potential exists to create a benefits package that employees genuinely appreciate.

Key Findings from the Latest Employee Benefits Study

Our latest study highlights significant trends and developments, including:

Traditional vs. Unique Employee Benefits

While many companies offer standard benefits like health insurance and retirement plans, organizations are now expanding their offerings to include unique and extraordinary programs. Employers are rethinking benefits to cater to the evolving needs of their workforce.

Specialized Benefits Adoption

Some of the most notable benefits that companies are integrating into their packages include:

  • Family-Focused Benefits: Parental leave is evolving, with many organizations introducing “baby bonding time” and extended paid leave for all new parents.
  • Wellness Programs: Employers are investing in holistic wellness by providing gym memberships, mental wellness programs, and access to platforms like the Headspace app.
  • Diversity, Equity, and Inclusion (DEI) Initiatives: Companies are making strides in fostering inclusive workplaces with dedicated DEI-focused benefits and resources.

The Rise of TeleHealth in Employee Benefits

The pandemic has reshaped how employees access healthcare. One of the most significant shifts is the growing reliance on TeleHealth services. Virtual medical consultations have become a convenient and accessible option for employees seeking medical advice and treatment. As remote work becomes more prevalent, TeleHealth is likely to remain a core component of modern benefits packages.

MorganHR’s Expertise in Employee Benefits Strategy

At MorganHR, we take a holistic approach to benefits, recognizing their impact on employee satisfaction, retention, and overall business success. Our Employee Benefits Study serves as a valuable resource for HR professionals looking to align their compensation and benefits strategies with industry trends.

We have helped numerous organizations design competitive benefits programs that align with their corporate goals, enhance employee engagement, and improve workforce productivity.

Stay Ahead with Our Employee Benefits Study

Understanding the latest employee benefits trends can help your organization remain competitive in today’s evolving job market. Download our Employee Benefits Study to explore data-driven insights and innovative strategies for designing a compelling benefits package.

 

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Laura Morgan
Managing Partner | MorganHR

If you’d like to learn more about how these findings apply to your organization, let’s connect! Book a free consultation with Laura Morgan!

About the Author: Alex Morgan

As a Senior Compensation Consultant for MorganHR, Inc. and an expert in the field since 2013, Alex Morgan excels in providing clients with top-notch performance management and compensation consultation. Alex specializes in delivering tailored solutions to clients in the areas of market and pay analyses, job evaluations, organizational design, HR technology, and more.