More than one-third of all employees are prepared to bolt their current employer unless they see an improvement in their benefit package.
Nearly half of workers are at least “somewhat looking” for a new job and when asked how influential a benefits package is in the decision to leave their current position, while 34% said it was very or extremely influential, according to Aflac Inc’s 2012 report.
More than a quarter said they were very or extremely likely to look for a new job in the next 12 months. Almost half (49%), when asked what their current employer could do to keep them at their job, said “improve my benefits package”.
The report also revealed a correlation between satisfaction with benefits and job satisfaction generally.
Nearly three-quarters of workers (73%) who indicate they are extremely or very satisfied with their benefits package also indicated they are extremely or very satisfied with the job. This compares with 33% of workers who are dissatisfied with their benefits and are extremely or very satisfied with their job.
The report noted that workers who are offered wellness programs and take part in the programs are significantly more likely to be satisfied with the job, feel positively towards their employer and consider their well-being better protected, compared to workers who aren’t offered wellness programs.
Among employees whose employers offer voluntary benefits options, 55% indicated they are satisfied with benefits offerings; 60% said the benefits package meets their family needs, 67% believed their employer takes care of its employees, 61% said they are taking full advantage of their benefits offerings and 70% felt that a comprehensive benefits package safeguards their health and wellness.
By comparison, among employees whose employer does not offer voluntary benefits options, the people who answered as above represented 41%, 45%, 59%, 46% and 59% of respondents, respectively.