Nearly half of U.S. workers foresee a future in which employers will not offer workplace benefits, such as health insurance and retirement savings plans, according to a survey by Fidelity Investments’consulting services group reported on BenefitNews.com.
Thirty percent of workers assume they will be accountable for obtaining their own benefits by 2019, while 18% think the government will supply benefits.
For better or worse, do you agree? What are the implications for recruitment and retention if employer-sponsored benefits fade to black? Comment and let me know.
Friday, March 27, 2009
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1 comment:
I don't believe the issue is going to be that employees will have to obtain their own benefits. I think the issue is going to be that, potentially, the government is going to step in as a benefits provider, especially in healthcare.
I don't think employer-sponsored benefits will "fade to black" as much as evolve with the times. Remember that the fact that our health insurance system is employer based is a result of larger economic and political forces of a particular era. Employers will adapt and will find ways to provide benefits that will drive recruitment, retention, etc.
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