2017 Employee Benefits: Remaining Competitive in a Challenging Talent Marketplace

Source: Society for Human Resource Management (SHRM), June 2017

From the summary:
In January and February 2017, the Society for Human Resource Management (SHRM) conducted its annual survey of U.S. employers to gather information on more than 300 employee benefits. The survey asked human resource professionals if their organizations formally offered any of the listed benefits to their employees. This report examines the prevalence of benefits over the past five years to track trends and understand the benefits landscape in the current talent marketplace.

Key Findings:
– Nearly one-third of organizations increased their overall benefits offerings in the last 12 months, and they were most likely to increase health (22%) and wellness (24%) benefits.
– Over the past four years, spousal and domestic partner benefits have increased, but may now be leveling off. These new data show that:
– 95% provide health care coverage for opposite-sex spouses
– 85% provide coverage for same-sex spouses
– Just over one-half provide coverage for domestic partners, regardless of whether they are the same or opposite-sex
– Financial advice benefits are trending upward, going from 28% in 2014 to 49% in 2017.