Ebook The Formula for Success
THE EVOLUTION (NOT REVOLUTION) OF EMPLOYEE BENEFITS Health care costs are through the roof. Retirement savings are disturbingly low. And 68 percent of employees say they’re concerned about their long-term financial futures.
Today’s employers want to do the right thing, but the challenges of helping to secure employees’ financial security loom larger than ever. Everyone agrees that things need to change. The Principal 10 Best Companies for Employee Financial Security 2006 are at the forefront of this change. However, they know there’s too much at stake to make a revolutionary shift. Instead, these exceptional organizations are taking an evolutionary approach by focusing on the three “E”s of employee benefits:
• Educate employees. Give them the information and tools they need to make informed decisions.
• Engage them in the process. Motivate employees to take charge of their benefits and their financial futures.
• Ensure ease-of-use. Take away the complexity – and the fear of making mistakes with simple, do-it-for-me features that allow employees to get the most out of their benefits.
The commitment of The Principal 10 Best Companies – 2006 to education, engagement and ease of use has made a tremendous impact on the value they receive from their benefits. As a result, their ability to attract the very best employees, reduce turnover and boost productivity has made these companies the envy of their competitors.
This guide reveals the best practices of these extraordinary organizations. Inside, you’ll find:
• Inspiring examples of how The Principal 10 Best Companies – 2006 overcame common challenges and used their investments in benefits to achieve business success
• Interactive checklists to help you quickly review solutions to benefits challenges
• A chart to benchmark your benefits against The Principal 10 Best – 2006 and your peers across the nation
• Detailed examples of retirement, health care and employee education best practices
• Profiles of each winning company.
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Ebook The Formula for Success
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