Jan 19, 2022
Artemis Health surveyed over 300 benefits leaders to get their take on how to use employee benefits to respond to the “Great Resignation.” With employee turnover in the news, benefits leaders indicated a 23% increase in their focus on fighting attrition. Employee feedback has become the number one source for making decisions on employee benefits.
Quality Over Cost
A whopping 78% of respondents are focused primarily on healthcare quality over healthcare costs.
The Challenges That Come with New Benefits Programs
Employers listed their biggest challenges when finding and administering new benefit programs:
27% identifying new programs
23% measuring/managing new programs
Using Data Analytics
The survey reveals a lack of confidence when it comes to using benefits data analytics. Eighty-five percent agree that benefits data is crucial for decision-making. But only 53% report success in using non-traditional data to make benefits decisions (i.e. not medical or RX).
The Benefits Lifecycle
The survey reveals that leading organizations will need assistance with all stages of the benefits lifecycle. They will need help responding to the rising need for mental health solutions, the demand for digital care, and the need for competitive benefits. They will rely on partnerships with brokers, consultants, and benefits analytics solutions to deliver value.
