As the baby boomers age, employers are showing more interest in using benefits to keep the workers they know than to attract new workers.
Only 30% say attracting employees is the most important benefits objective, while 55% say retaining employees is the most important benefits objective and 50% cite controlling costs as the top objective.
About 57% of employees who are highly satisfied with their benefits say benefits are an important reason to stay with their employers.
Researchers at a unit of MetLife Inc., New York, have published those statistics in a summary of results from the company’s fifth annual benefits trends survey.
In late 2006, a research firm polled 1,202 adults, age 21 and older, who work full-time at employers with at least 2 employees.