2020 Benefits Strategy & Benchmarking Survey Report

Employers gain a better perspective on the new normal through benchmarking data and insights into market trends.

GET THE INSIGHTS
2020 Benefits Strategy & Benchmarking Survey Report
Employers gain a better perspective on the new normal through benchmarking data and insights into market trends.
GET THE INSIGHTS

2020 Benefits Strategy & Benchmarking Survey Report

Employers gain a better perspective on the new normal through benchmarking data and insights into market trends.

GET THE INSIGHTS

Gallagher’s 2020 Benefits Strategy & Benchmarking Survey provides data and insights that you can use to recognize your organization’s strengths and identify opportunities to retain valuable employees, increase engagement and achieve better outcomes.

 

The results of Gallagher’s 2020 Benefits Strategy & Benchmarking Survey show that employers are focused on providing balanced employee rewards across the full spectrum of wellbeing.

Gallagher’s 2020 Benefits Strategy & Benchmarking Survey provides data and insights that you can use to recognize your organization’s strengths and identify opportunities to retain valuable employees, increase engagement and achieve better outcomes.

 

The results of Gallagher’s 2020 Benefits Strategy & Benchmarking Survey show that employers are focused on providing balanced employee rewards across the full spectrum of wellbeing.

The top three areas of focus in total rewards planning due to the pandemic:
The top three areas of focus in total rewards planning due to the pandemic:

65%

EMOTIONAL
WELLBEING

47%

LEAVE
POLICIES

39%

MEDICAL
BENEFITS

65%

EMOTIONAL
WELLBEING

47%

LEAVE
POLICIES

39%

MEDICAL
BENEFITS

65%
EMOTIONAL WELLBEING
47%
LEAVE POLICIES
39%
MEDICAL BENEFITS

Educating the workforce about mental health issues, ensuring access to affordable treatment, and adjusting leave and return-to-work policies destigmatizes a relatively common experience. These efforts also help control costs by promoting proactive care.

Educating the workforce about mental health issues, ensuring access to affordable treatment, and adjusting leave and return-to-work policies destigmatizes a relatively common experience. These efforts also help control costs by promoting proactive care.

Employers are investing in resources that not only streamline their HR processes but also provide essential insights to help manage the new challenges to engaging employees and maintaining productivity.

PLAN TO INVEST IN HR TECH PLATFORMS BY 2022

OFFER FULL-TIME TELECOMMUTING WHICH NEARLY TRIPLED FROM JANUARY TO JUNE

68%

68%

HR technology platforms can support areas of increased intensity, including alternative coverage options under COBRA, unemployment claims management, off boarding, outplacement, and video tools for safer onboarding of furloughed or new employees. 
HR technology platforms can support areas of increased intensity, including alternative coverage options under COBRA, unemployment claims management, off boarding, outplacement, and video tools for safer onboarding of furloughed or new employees. 

DOWNLOAD THE
EXECUTIVE SUMMARY

Employers are investing in resources that not only streamline their HR processes but also provide essential insights to help manage the new challenges to engaging employees and maintaining productivity.

CONSIDER COMPLIANCE WITH FEDERAL, STATE AND MUNICIPAL REGULATIONS - THE TOP ABSENCE MANAGEMENT CONCERN

CONSIDER COMPLIANCE WITH FEDERAL, STATE AND MUNICIPAL REGULATIONS - THE TOP ABSENCE MANAGEMENT CONCERN

56%

56%

Despite this fact, only 18% of employers overall (38% large) outsource Family and Medical Leave Act (FMLA) administration. As organizations grow larger and more geographically dispersed, the complexity of laws and the scalability of support can make outsourcing worthwhile.
HR technology platforms can support areas of increased intensity, including alternative coverage options under COBRA, unemployment claims management, off boarding, outplacement, and video tools for safer onboarding of furloughed or new employees. 

DOWNLOAD THE
EXECUTIVE SUMMARY

Employers are investing in resources that not only streamline their HR processes but also provide essential insights to help manage the new challenges to engaging employees and maintaining productivity.

OFFER FULL-TIME TELECOMMUTING WHICH NEARLY TRIPLED FROM JANUARY TO JUNE

OFFER FULL-TIME TELECOMMUTING WHICH NEARLY TRIPLED FROM JANUARY TO JUNE

77%

77%

Most employers expect to retain the work-at-home policies established during COVID-19, presenting an opportunity to save on real estate expenditures and accommodate employee preferences. However, this new work structure requires consideration of a unique set of employee engagement drivers.
HR technology platforms can support areas of increased intensity, including alternative coverage options under COBRA, unemployment claims management, off boarding, outplacement, and video tools for safer onboarding of furloughed or new employees. 

DOWNLOAD THE
EXECUTIVE SUMMARY

Employers are investing in resources that not only streamline their HR processes but also provide essential insights to help manage the new challenges to engaging employees and maintaining productivity.

68%

PLAN TO INVEST IN HR TECH PLATFORMS BY 2022

HR technology platforms can support areas of increased intensity, including alternative coverage options under COBRA, unemployment claims management, off boarding, outplacement, and video tools for safer onboarding of furloughed or new employees. 

DOWNLOAD THE
EXECUTIVE SUMMARY

Employers are investing in resources that not only streamline their HR processes but also provide essential insights to help manage the new challenges to engaging employees and maintaining productivity.

56%

CONSIDER COMPLIANCE WITH FEDERAL, STATE AND MUNICIPAL REGULATIONS - THE TOP ABSENCE MANAGEMENT CONCERN

Despite this fact, only 18% of employers overall (38% large) outsource Family and Medical Leave Act (FMLA) administration.
As organizations grow larger and more geographically dispersed, the complexity of laws and the scalability of support can make outsourcing worthwhile.

DOWNLOAD THE
EXECUTIVE SUMMARY

Employers are investing in resources that not only streamline their HR processes but also provide essential insights to help manage the new challenges to engaging employees and maintaining productivity.

77%

OFFER FULL-TIME TELECOMMUTING WHICH NEARLY TRIPLED FROM JANUARY TO JUNE

Most employers expect to retain the work-at-home policies established during COVID-19, presenting an opportunity to save on real estate expenditures and accommodate employee preferences. However, this new work structure requires consideration of a unique set of employee engagement drivers.

DOWNLOAD THE
EXECUTIVE SUMMARY