Friday, November 17, 2017

The High Cost of Working

Employees have some pretty major priorities when it comes to objectives outside their work, and after saving for retirement, the ones that top the list are work-life balance and becoming fit and healthy. That's the good news, says the Global Employee Benefits Watch 2017/18 study from Thomsons Online Benefits.

The bad news is that the survey reveals most employees—64 percent—feel that their employer and workplace are having a negative or very negative impact on their wellbeing. Survey respondents also said that they want employers’ support for their broader needs beyond salary and retirement plans, such as buying a home or financial management.

But they’re not feeling all that supported by employers. Some 63 percent said that one of their life’s goals is getting fit and staying healthy, but only 30 percent said their employer was helping that effort through a benefits program.

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