Employee Benefits

Are Employees Getting The Most from Their Employee Benefits Packages?

UPDATED ON
June 8, 2023
Mployer Advisor
Mployer Advisor
— Written By
Print Friendly and PDF

According to one study, 70% of employers think their employees are not optimizing the value of their employee benefits. 

This piece from the Daily Mail expands from that premise to make the claim that employees could essentially increase their wages by about 30% if there were to more effectively utilize all the benefits available to them in addition to maximizing the accompanying tax breaks. 

The areas highlighted by the article that provide opportunities for employees to wring more value from their employee benefits packages include childcare and dependent care benefits, fertility benefits, commute/transit compensation, tuition contribution programs, and employee assistance programs (EAPs).

You can find that piece here.

Want more insights on how your employee benefits compare to companies in your region, industry, and similar employer size?
Download Your Custom Benefits Report Now
See How Your Employee Benefits Compare

Next Up

The Employment Situation for December 2024
The latest economic release from the Bureau of Labor Statistics reports that the U.S. job market rebounded after a sluggish month in October to add 227 thousand new jobs last month as the unemployment rate ticked up slightly to 4.2%.
Introducing Insights+ The Next Evolution In Employee Benefits Evaluation & Value-Capture Tools
‍We are excited to announce the launch of Insights+, a service that enables employers to see exactly how their benefits measure up against the competition.
Legal/Compliance Roundup - December 2024
Each month, Mployer collects and presents some of the most relevant and most pressing recent changes in law, compliance, and policy in areas related to employee benefits, health care, and human resources.