Welcome to eni’s BalanceBenefits! We are expert designers of integrated benefit solutions, individually tailored to meet your unique and evolving benefit needs!
We’ve introduced our integrated benefits model, which includes a Benefit Information Line and Web Portal, and learned how our Integrated Benefit and Human Capital Design teams assist us in designing a customized integrated benefit model for your company resulting in a real ROI (“return on integration”)! Using a “life events” focus, we’ve explained how we connect employees to their benefits through “knowledge points” while supporting your corporate culture. You will be ready for the C-Suite as you “win the talent war” by using our integrated benefit solution to retain talented employees and recruit skilled new employees, while simultaneously increasing your employees’ engagement with their jobs and benefits as they navigate their benefit information independently.
Today we are going to revisit exactly why benefits are important to you, your employees, and your business.
Employee engagement and corporate culture have been the focus of numerous articles within the recent year – and for good reason! Employers want engaged employees working in a consistent and positive corporate culture because these productive employees are more likely to stay with their employer despite the improved job market. So how do employee benefits factor into employee longevity?
Well, numerous studies have validated the impact of employee benefits on employee retention and job satisfaction. Half of the workers surveyed in a recent Aflac study indicated that “employee benefits are very or extremely influential on their decision to leave” (Aflac, 2012). Nearly 53% of employees rated their benefit package as one of the top factors considered when assessing job satisfaction (SHRM, 2013). Savvy employers realize the importance of employee benefits and, as such, over 67% of employers agreed that “the potential to boost employee retention and loyalty is a factor when making benefit decisions and choices (MetLife, 2015).
Will having just any employee benefit package work to increase employee loyalty and retention? The answer is clear. In our modern and ever changing workforce, employees are increasingly seeking more from their employee benefits, and that means having benefits tailored to their needs. Nearly two-thirds (65%) of employees indicated that “having benefits tailored to their needs” would increase loyalty (MetLife, 2015).
With BalanceBenefits our suite of benefit engagement software, including an administrative portal, member portal, and mobile application, employees can receive just that – benefit recommendations tailored to their individual life needs! Employees can select individual life events that they need assistance with and receive benefit recommendations customized to meet their individual needs. Benefit information and custom benefit recommendations are available immediately in the palm of your hand by using our mobile app or with the click of a mouse on your desktop.
Learn more about our integrated benefit solution and join the HR revolution by reviewing BalanceBenefits on our website. You can order “Beyond Benefits” by Gene Raymondi, CEO and industry thought leader, watch our quick mobile app demo video, or simply send us an email requesting more information.
We look forward to helping with your benefit needs!