Employee Benefits PowerPoint Infographic Templates.pptx

This infographic showcases the most interesting statistics about the employee benefits gap between what employees want vs what they get.
You can also download this infographic template for free at https://infographicb2b.com

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2. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.indeed.com/career-advice/career-development/why-are-employee-benefits-important WHAT ARE EMPLOYEE BENEFITS? 01 Family and Medical Leave 02 03 04 05 06 Social Security and Medicare tax payments Unemployment insurance Disability insurance Workers' compensation Time off for civic duties, such as voting and jury duty

3. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.indeed.com/career-advice/career-development/why-are-employee-benefits-important WHAT ARE EMPLOYEE BENEFITS? 01 Family and Medical Leave 02 03 04 05 06 Social Security and Medicare tax payments Unemployment insurance Disability insurance Workers' compensation Time off for civic duties, such as voting and jury duty

4. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.indeed.com/career-advice/career-development/why-are-employee-benefits-important WHAT ARE SOME OF THE MOST IMPORTANT BENEFITS TO EMPLOYEES? The most important benefits VACATION TIME Full-time employees typically receive one or two weeks of paid vacation time each year. Some companies offer more or unlimited vacation time. Employees may gain weeks of vacation time the longer they work for a company. FAMILY AND MEDICAL LEAVE Companies are required by law to give employees up to 12 paid weeks off for the birth of a child or a serious medical condition. These requirements vary by state. FLEXIBLE HOURS A company might allow employees to set their own hours rather than work strictly from 9 a.m. to 5 p.m. REMOTE WORK Companies might give their employees the flexibility of working from home or the office and telecommuting. This might be for special circumstances, on certain days of the week or month or as a full-time option. HEALTHCARE Companies can offer a range of health insurance packages, including preferred provider organization, point of service, health maintenance organization, indemnity and health savings account plans. PAID TIME OFF Companies generally give employees paid holidays such as Labor Day, Independence Day, Thanksgiving, Christmas and New Year's. They might also give employees a set number of days to use for religious holidays or a certain number of personal hours per year. RETIREMENT PLANS Companies can offer various retirement plans, but all involve saving a set amount of your earnings for retirement.

5. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.indeed.com/career-advice/career-development/why-are-employee-benefits-important WHAT ARE SOME OF THE MOST IMPORTANT BENEFITS TO EMPLOYEES? The most important benefits WORKPLACE PERKS Other office benefits might include free meals, gym memberships, pets at work, child care, company cars, employee retreats and free massages. DISABILITY INSURANCE If an employee develops an illness or a disability that affects their ability to work, the company continues to pay a portion of that employee's salary. LIFE INSURANCE Life insurance plans pay a preset amount of money to help support an employee's family in the event of that person's death. WELLNESS PROGRAMS Office wellness initiatives might include policies and activities designed to keep employees healthy and educate them about physical well-being. They might also include a free first-aid or nurse station. TUITION REIMBURSEMENT Organizations might support their employees' professional development by paying for a certain amount of their continuing education tuition. Typically, companies set restrictions on course types, ensuring the courses taken relate to their role at the company, or require employees to continue working for a certain amount of time after completing their coursework or degree. PERFORMANCE BONUSES A company's benefits might include pay raises or bonuses based on good performance or goals and milestones met. RELOCATION ASSISTANCE Companies might cover the cost of moving to a new city to attract skilled employees from other regions.

6. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET HEALTH AND WELLNESS BENEFITS 55% of employees note that health and wellness programs (like a gym membership) are necessary benefits to accept a new job offer. (MetLife) Employees are now 26% more likely than before the pandemic to accept a new role because of the health and wellness programs it offers. (MetLife) As many as 86% of employers believe they are responsible for the health and well-being of their workforce. (MetLife) FLEXIBILITY PERKS Employees are now 18% more likely than before the pandemic to accept a new role because it offers a flexible work schedule and the ability to work remotely. (MetLife) There’s a 13% higher likelihood than before the pandemic to accept a new role because the employer recognizes the importance of the employees’ lives outside of work. (MetLife) 59% of employees report intentions to leave a job while noting that increased job flexibility could make them retain their role. (MetLife) Source: velocityglobal.com/resources/blog/employee-benefits-statistics/

7. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET HEALTH AND WELLNESS BENEFITS 55% of employees note that health and wellness programs (like a gym membership) are necessary benefits to accept a new job offer. (MetLife) Employees are now 26% more likely than before the pandemic to accept a new role because of the health and wellness programs it offers. (MetLife) As many as 86% of employers believe they are responsible for the health and well-being of their workforce. (MetLife) Source: velocityglobal.com/resources/blog/employee-benefits-statistics/ FLEXIBILITY PERKS Employees are now 18% more likely than before the pandemic to accept a new role because it offers a flexible work schedule and the ability to work remotely. (MetLife) There’s a 13% higher likelihood than before the pandemic to accept a new role because the employer recognizes the importance of the employees’ lives outside of work. (MetLife) 59% of employees report intentions to leave a job while noting that increased job flexibility could make them retain their role. (MetLife)

8. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/Pages/Employee-Benefits-Survey.aspx hbr.org/2021/05/what-your-future-employees-want-most EMPLOYER-RANKED IMPORTANCE OF BENEFIT CATEGORIES Health-related benefits 89% Retirement savings and planning benefits 81% Leave benefits 81% Flexible working benefits 70% Family-friendly benefits 68% Professional and career development benefits 67% Financial (non-retirement) benefits 52% Wellness benefits 49% Education benefits 44% Technology benefits 37% Transportation benefits 13% Housing and relocation benefits 10% 86% 69% 86% of employees said they would prefer to work for a company that prioritizes outcomes over output. What does this mean? New employees want to work for a company that cares less about the qualified work output they are able to produce, and more about the impact they can deliver to the business in a holistic sense. But there is a gap here, with just 69% of HR directors saying that their company currently operates in this way, and only half of HR directors saying that their organization would be more productive as a whole if employees felt that their employer/senior management team trusted them to get the job done without monitoring their progress. EMPLOYEES WANT TO RE-IMAGINE HOW PRODUCTIVITY IS MEASURED

9. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/Pages/Employee-Benefits-Survey.aspx hbr.org/2021/05/what-your-future-employees-want-most EMPLOYER-RANKED IMPORTANCE OF BENEFIT CATEGORIES Health-related benefits 89% Retirement savings and planning benefits 81% Leave benefits 81% Flexible working benefits 70% Family-friendly benefits 68% Professional and career development benefits 67% Financial (non-retirement) benefits 52% Wellness benefits 49% Education benefits 44% Technology benefits 37% Transportation benefits 13% Housing and relocation benefits 10% 86% 69% 86% of employees said they would prefer to work for a company that prioritizes outcomes over output. What does this mean? New employees want to work for a company that cares less about the qualified work output they are able to produce, and more about the impact they can deliver to the business in a holistic sense. But there is a gap here, with just 69% of HR directors saying that their company currently operates in this way, and only half of HR directors saying that their organization would be more productive as a whole if employees felt that their employer/senior management team trusted them to get the job done without monitoring their progress. EMPLOYEES WANT TO RE-IMAGINE HOW PRODUCTIVITY IS MEASURED

10. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: hbr.org/2021/05/what-your-future-employees-want-most WHAT EMPLOYEES WANT AND WHAT THEY NEED TO KNOW 76% of the workers polled believe that employees will be more likely to prioritize lifestyle (family and personal interests) over proximity to work, and will pursue jobs in locations where they can focus on both — even if it means taking a pay cut. 76% 83% of employees think that workers will be more likely to move out of cities and other urban locations if they can work remotely for a majority of the time, creating new work hubs in rural areas. 83% 86% of employees and 66% of HR directors assert that a diverse workforce will become even more important as roles, skills, and company requirements change over time. 86% 82% of employees and 62% of HR directors believe that workers will need to hone their current skills or acquire new ones at least once a year in order to maintain competitive advantage in a global job market. 82% HR directors believe that ensuring that an organization has the latest collaborative technology in place to enable agile learning is the most important factor in recruiting and retaining the best talent, and 88% of employees confirm this notion, saying that they look for this when searching for a new position. 88% 83% predict that in response to the global skilled talent shortage, companies will leverage flexible work models to reach out to suitable candidates no matter where they live 83%

11. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: hbr.org/2021/05/what-your-future-employees-want-most WHAT EMPLOYEES WANT AND WHAT THEY NEED TO KNOW 76% of the workers polled believe that employees will be more likely to prioritize lifestyle (family and personal interests) over proximity to work, and will pursue jobs in locations where they can focus on both — even if it means taking a pay cut. 76% 83% of employees think that workers will be more likely to move out of cities and other urban locations if they can work remotely for a majority of the time, creating new work hubs in rural areas. 83% 86% of employees and 66% of HR directors assert that a diverse workforce will become even more important as roles, skills, and company requirements change over time. 86% 82% of employees and 62% of HR directors believe that workers will need to hone their current skills or acquire new ones at least once a year in order to maintain competitive advantage in a global job market. 82% HR directors believe that ensuring that an organization has the latest collaborative technology in place to enable agile learning is the most important factor in recruiting and retaining the best talent, and 88% of employees confirm this notion, saying that they look for this when searching for a new position. 88% 83% predict that in response to the global skilled talent shortage, companies will leverage flexible work models to reach out to suitable candidates no matter where they live 83%

12. https://infographicb2b.com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.forbes.com/sites/brianmenickella/2023/06/16/the-7-most-in-demand-employee-benefits-right-now/?sh=49185a227bd3 THE MOST IN-DEMAND EMPLOYEE BENEFITS Retirement Savings And Financial Wellness Programs More than 80% of workers expect their workplace retirement savings plan to be a source of income in retirement Insurance Coverage Health insurance remains a top priority for employees, with 93% of companies with 50 or more workers offering those benefits, according to a Kaiser Family Foundation report. Flexible Work And PTO Arrangements A recent FlexJobs survey found 80% of respondents would be more loyal to their employers if they had flexible work options. Professional Development According to LinkedIn’s Workplace Learning Report, the top way organizations are working to improve retention is by “providing learning opportunities.” In a survey by the American Psychological Association, 81% of workers indicated they would prioritize workplaces that actively support mental health. Health And Mental Wellness Programs Family Financial Assistance Employers can offer benefits such as childcare assistance, adoption assistance, and reimbursement for fertility treatments to help employees manage the financial burden of raising a family. Employers can offer relocation assistance, housing subsidies, or down-payment assistance programs to help employees secure affordable housing. Housing And Legal Assistance

13. https:// infographicb2b .com/ EMPLOYEES BENEFITS GAP WHAT EMPLOYEES WANT VS WHAT THEY GET Source: www.forbes.com/sites/brianmenickella/2023/06/16/the-7-most-in-demand-employee-benefits-right-now/?sh=49185a227bd3 THE MOST IN-DEMAND EMPLOYEE BENEFITS Retirement Savings And Financial Wellness Programs More than 80% of workers expect their workplace retirement savings plan to be a source of income in retirement Insurance Coverage Health insurance remains a top priority for employees, with 93% of companies with 50 or more workers offering those benefits, according to a Kaiser Family Foundation report. Flexible Work And PTO Arrangements A recent FlexJobs survey found 80% of respondents would be more loyal to their employers if they had flexible work options. Professional Development According to LinkedIn’s Workplace Learning Report, the top way organizations are working to improve retention is by “providing learning opportunities.” In a survey by the American Psychological Association, 81% of workers indicated they would prioritize workplaces that actively support mental health. Health And Mental Wellness Programs Family Financial Assistance Employers can offer benefits such as childcare assistance, adoption assistance, and reimbursement for fertility treatments to help employees manage the financial burden of raising a family. Employers can offer relocation assistance, housing subsidies, or down-payment assistance programs to help employees secure affordable housing. Housing And Legal Assistance