Objective: Understand that the field of benefits is in a state of constant fluctuation. Review overviews of benefits as well as your own research to hypothesize on the future of employee benefits. Instructions:Discuss your answers to the following questions in a 5-7 page paper created in Word. What are the major trends (identify at least three) you think will impact benefits design into the short-term and long-term future How does the status of the economy and overall labor market impact benefits design As the labor market improves, what implications do employee need to consider As organizations establish priorities, how is designing benefit offerings different for a 1,000 employee company vs. a 100,000 employee company SHRM, 2016 Employee Benefits: Looking Back at 20 Years of Employee Benefits Offerings in the U.S. Prudential Group Insurance, Ninth Study of Employee Benefits: Today & Beyond (2016) SHRM, SHRM Research: Heath and Wellness Benefits (2016) WorldatWork, Employee Benefits Accountability and Consumerism Survey (2011) MetLife, Benefits Breakthrough – How Employees and Their Employers are Navigating an Evolving Environment (2014) Employee Benefits: A Primer for Human Resources Professionals, pages 21-28 and pages 33-55. Any additional research of your own. I am attaching those items.
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The Future of Employee Benefits