What drives benefits strategy? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

What drives benefits strategy?

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in Compensation and Benefits,Human Resources

More than half of HR pros focus their benefits strategy on controlling health care costs and making sure employees appreciate the total value of their perks.

Control health care costs: 30%
Communicate value of benefits: 27%
Retain employees: 18%
Increase engagement: 9%
Recruit new employees: 8%
Shift costs to employees: 5%
Other: 3%

Source: SHRM 2016 Strategic Benefits Survey, November 2016

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