In a candidate’s market like we are experiencing today, with rapid change and uncertainty, the need for strategic and thoughtful total rewards is more important than ever. Candidates will be considering more than just salary when accepting an offer or deciding to stay with their current employer. Conducting an annual assessment of your benefits will ensure that you are staying competitive and keeping or acquiring the talent you need to be successful as an organization.
Through KMA’s work helping businesses address current human resources challenges, we discovered a need for comprehensive local benefit data.
Our 2020-21 Benefits Survey Report provides detailed insights into the New England-specific market, including:
- Paid Time Off
- Insurance
- Retirement
- Flexible Work
- Reimbursements
Here’s a preview of what you’ll learn in the report:
- 61% of responding organizations offer an employee assistance program.
- 22% pay employees for time off to volunteer in their communities.
- 88% pay 100% of the premiums for their life insurance programs.
In addition, we offer recommendations on how to integrate remote employees into your organizational culture, how to create salary bands and manage the tax implications for out-of-state employees, and more.
Employee benefits continues to be a key recruiting and retention tool, and organizations need to understand their local market trends in order to remain relevant and competitive.
To purchase the report, please email us at info@kmahr.com.