{"id":5353,"date":"2014-05-16T05:58:24","date_gmt":"2014-05-16T11:58:24","guid":{"rendered":"http:\/\/corevalues.com\/?p=5353"},"modified":"2014-05-16T05:58:24","modified_gmt":"2014-05-16T11:58:24","slug":"team-building-activities-outweigh-the-fading-lure-of-employee-benefits","status":"publish","type":"post","link":"https:\/\/corevalues.com\/dev\/2014\/05\/16\/team-building-activities-outweigh-the-fading-lure-of-employee-benefits\/","title":{"rendered":"Team Building Activities Outweigh the Fading Lure of Employee Benefits"},"content":{"rendered":"

\"Reaching<\/a>The carrot dangling from the \u201cemployee benefits\u201d stick isn\u2019t quite the lure it used to be for attracting and retaining top talent.\u00a0 Just a few short years ago, it seems our parents and grandparents were receiving the proverbial gold watch after 40 years of devoted service and retiring with full pensions. But with today\u2019s rising costs of doing business, employers are finding they must pass along the burden to their employees…especially in health care. With the value of benefits eroding, corporate teambuilding ideas<\/i> <\/a>and innovative solutions could be the answer to enticing the best and brightest employees\u2026despite shrinking benefits packages.<\/p>\n

The latest edition of the Mercer Workplace SurveyTM<\/sup><\/i><\/a> analyzes the attitudes of benefit plan participants nationwide. The decrease in the perception of the \u201cvalue\u201d of employee benefits is due to concerns over rising out-of-pocket expenses for health care and shrinking contributions to retirement plans.<\/p>\n

\u201cYear after year, we find our survey respondents ranking benefits as one of the most important components of their employment value proposition,\u201d said Kerry Donoghue, Partner, Health and Benefits Business Leader for Mercer\u2019s benefits administration business. \u201cWe feel strongly, however, that there are some areas of concern that plan sponsors must take into account as they evaluate and design their benefit plans, particularly as it relates to discontent about rising out-of-pocket expenses and an overall level of relative dissatisfaction among younger employees.\u201d<\/p>\n

If you engage employees, they will come\u2026.and stay!<\/i><\/b><\/h3>\n