Are you offering the benefits your employees want most?
Most small and midsize employers aren’t.
The biggest challenge employers face today is recruiting and retaining top talent in an employee’s market. As it turns out, most SMBs aren’t measuring up—and we found out why.
We surveyed small and midsize employers and their employees on their benefits packages and the responses reveal discrepancies between the benefits employers offer compared to what employees actually want.
Read the full report to see how you stack up:
Employees aren’t getting the benefits they value
When it comes to benefits, employers are missing out on big opportunities to give employees what they really want, including paid time off, mental health coverage, paid family leave, and more.
A sneak peek at our key findings
Benefits attract job candidates
82% of employees say that the benefits package an employer offers is an important factor in whether or not applicants accept a job while only 66% of employers think it’s important.
Mental health matters
96% of employers say they value their employees’ mental health, but only 64% of employees feel their employer values their mental health.
Employees don’t feel they have a say
50% of employers feel their employees have a say in the benefits the company offers, but only 36% of employees feel they have a say.
Learn more about PeopleKeep
What is PeopleKeep?
PeopleKeep is a personalized benefits administration software company. We serve small and midsize employers across many industries ranging from nonprofits, to high tech, to engineering. Because our software is intuitive and can be managed in minutes per month, we make providing benefits more accessible to organizations that do not want to manage complex and tedious administrative tasks.
What other reports has PeopleKeep published?
As the industry leader in HRAs and personalized benefits, PeopleKeep prides itself on publishing proprietary data on all things HRAs and employee benefits.
PeopleKeep releases an annual QSEHRA report covering usage data on how small businesses use their health benefit, as well reports on the individual coverage HRA (ICHRA) and its evolution since first coming to market in 2019.
What products does PeopleKeep offer?
We provide software that allows organizations to offer health reimbursement arrangements (HRAs) and employee stipends. Learn more about each of our products below:
- Qualified small employer HRA (QSEHRA): A simple, controlled-cost alternative to group health insurance for employers with 1-49 employees.
- Individual coverage HRA (ICHRA): A flexible health benefit solution for employers of all sizes that can be used alone or alongside group health insurance.
- Group coverage HRA (GCHRA): A group health supplement for employers already offering a group health insurance plan to help employees with out-of-pocket expenses.
- WorkPerks: Reimbursable employee stipends that broaden employee benefits.
How much does a plan with PeopleKeep cost?
At PeopleKeep, we help you implement budget-friendly, compliant benefits without the hassle. Pricing will vary depending on which product you're interested in and how many employees you'll have enrolled in the benefit.