A study by MetLife Inc. finds employers fall into 4 broad philosophies toward employee benefits.
The implications of the study are that employers can capitalize on their benefits investment better by understanding which category they fit into, said MetLife vice president Ronald Leopold. He disclosed the results of the research yesterday at the National Business Group on Health’s 22nd National Conference on Health, Productivity and Human Capital in San Diego.
Leopold summarized the 4 benefit philosophies as follows:
–”Traditional” employers (17% of companies), which offer health insurance and retirement plans as the cornerstones of their programs and they tend to fund more of these core benefits than other companies do. They may also offer voluntary benefits, but they focus heavily on matching those benefits with the specific needs of their employee populations or delivering or communicating about them in a targeted way.