Published June 2000
by International Foundation of Employee Benefit .
Written in English
|The Physical Object|
|Number of Pages||28|
A staggering 80 percent of employees say they don’t read benefits communication materials, according to a survey conducted by the International Foundation of Employee Benefits Plans. Only three of every 20 employees feel informed enough to make decisions about benefits, per Davis & Company’s HR communication research report. A Better Approach to Communicating Benefits. When you properly communicate your benefits to employees, employees better understand how to use the plan to get healthier and reduce costs. Because of this, we encourage our clients to communicate frequently and in ways that their employees are comfortable with. For example, back in , employers had to notify employees about the Health Insurance Marketplace. Staying informed about benefits communication regulations is key to keeping compliant. 3. Make it interesting. Think of your communication strategy in terms of a marketing campaign—it should be branded, engaging, and simple to understand. Continued Communication. You are dropping the ball if you’re only communicating your benefit offerings during open enrollment. A survey by Guardian found that fewer than half of employees understand their benefits, and hitting them with an enormous amount of information all at once isn’t going to bring clarity to their confusion.
% of employees know their target annual incentive opportunity % of employees know the target annual incentive opportunities for other participant tiers % of organizations communicate performance related to goals during the plan period % of employees clearly understand how incentive plans work. Effective workplace communication ensures that organizational objectives are achieved. Workplace communication is tremendously important to organizations because it increases productivity and efficiency. Ineffective workplace communication leads to communication gaps between employees, which causes confusion, wastes time, and reduces productivity. The latest analysis, news, case studies and opinion in relation to benefits communication covering areas such social media strategy and employee roadshows. Our website . The Evolution of Employee Benefits Communication. In a world of constant distraction, the barrage of emails and ever increasing social media chatter, employers are finding it harder than ever to connect with employees. See why when it comes to benefits, historical means of communication no longer cut it. Four HR Tips for Open Enrollment.
The Value of Effective Benefits Communication: 4 Case Studies That Show Results. While building your case for more communication budget, don’t forget to include some examples of successful benefits communication campaigns. After all, effective communication can play a leading role in helping you achieve business goals. See how we’ve helped. Communicating with your employees is central to managing your workforce. Poor communication can result in misunderstandings and mistrust. Introducing proper procedures for informing and consulting with your employees can take time and money but you will benefit from improved products, productivity and competitiveness.. Other benefits of effective consultation and information-sharing include. Communication is critical to our every day lives and is especially important at the workplace. Without clear and effective communication; projects get delayed or . Given the current labor economy, benefits are becoming more important than ever in attracting and retaining great employees. Crafting the right benefits package and communicating it to current and potential employees can be just as important as the salary paid. Understanding the benefits package of your company and how it operates can be daunting.