While more employees are feeling financially insecure, a survey of working Americans finds that benefits can boost their sense of security.
The Unum survey shows that 36% of Americans don’t feel financially secure. Women (40%) are significantly more likely than men (33%) to feel financially vulnerable.
However, 77% of employees that rate their benefits package as excellent or very good say they are financially secure.
Offering disability insurance and communicating the value of benefits as clearly as possible helps, says Barbara Nash, Unum’s vice president of research.
A positive assessment of benefits education is strongly related to overall workplace satisfaction.
The research shows that 81% of employees that rated their benefits education highly also rated their employer as an excellent or very good place to work.