STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

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Lifestyle Benefits Are a Win/Win Solution EMPLOYER INTEREST IN ADDRESSING <strong>EMPLOYEE</strong> LIFESTYLE NEEDS—BY SIZE Highly important to employees Expect to address by 2010: 50–99 100–499 500–4,999 83% 43% 49% 54% 58% 58% 66% 27% 31% 33% 45% 43% 57% 29% 30% 35% 46% 40% 52% 30% 38% 47% 55% 50% 5,000–9,999 10,000+ Healthy Lifestyle Flex/Generous PTO Flexible Workplace Counseling EMPLOYER INTEREST IN ADDRESSING <strong>EMPLOYEE</strong> LIFESTYLE NEEDS—BY INDUSTRY Highly important to employees 83% Expect to address by 2010: 66% Heavy Industry Manufacturing Sales/Trade Financial/Ins/ Real Estate 50% 52% 41% 44% 44% 22% 22% 23% 36% 31% 57% 25% 23% 23% 34% 34% 52% 26% 27% 25% 36% 37% Services Healthy Lifestyle Flex/Generous PTO Flexible Workplace Counseling 22
Positive Online Outlook Online Tools Are Popular and Opportunities Exist to Improve Performance 4 Development and installation of online systems for plan sponsors and employees have increased at a rapid pace over the past five years. Availability of benefits web tools will continue to grow over the next five years; however, utilization is trailing provider efforts to expand functionality. To increase utilization, plan sponsors would like to see improvements in ease of use, site navigation, training, and quality of information. 23
Page 1 and 2: PRUDENTIAL’S GROUP INSURANCE STUD
Page 3 and 4: Welcome The cost of employee benefi
Page 5 and 6: Methodology This study surveyed a b
Page 7 and 8: Benefits Matter Eight in Ten Plan S
Page 9 and 10: Commitment to Benefits Spans Most C
Page 11 and 12: Benefits Decision Making Is Increas
Page 13 and 14: The Gap Among Top Financial Concern
Page 15 and 16: Voluntary Benefits on the Rise, But
Page 17 and 18: Most Plan Sponsors Do Not Require C
Page 19 and 20: Plan Sponsors and Participants Are
Page 21 and 22: Employee Concerns Extend Beyond Fin
Page 23: Interest in Lifestyle Benefits Vari
Page 27 and 28: Web Technology is Empowering Employ
Page 29 and 30: Plan Sponsors Want Enhanced Perform
Page 31 and 32: Criteria for Progressive Plan Spons
Page 33 and 34: Progressives Are More In Sync with
Page 35 and 36: Progressives Also Outpace Other Com
Page 37: Progressive Employers Value Persona
Page 40 and 41: Summary of Key Findings Theme One:
Page 42: About Prudential Financial Currentl

STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

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