The Benefits of Benefits

Posted on August 31, 2012 by TNS Consulting Team (via Scott Spayd)

On a daily basis we don’t often stop to think about our benefits from our job. Most often, we focus on our paycheck and how much our salary is annually. Our salary is an important part of job satisfaction and can have an impact on how we feel towards our jobs. What we forget to reflect on are the benefits aside from our salary that our organizations provide.

The two years I was in graduate school I had an individual health insurance policy, as I became a resident outside of my parents’ state. If there is one thing I learned very quickly, it was that health care is expensive. Without an organization contributing to my health care costs, I have come to appreciate company benefits even more.

Based on our 2011 panel study, 63% of employees feel content with their current benefits. When we get a job offer we are typically told about the benefits, but sometimes it is easy to push this aside and focus on the salary offer.

How can organizations raise awareness about the total benefits that employees are receiving? Give employees numbers; show them in dollar amounts how much the organization is contributing for benefits. If I was handed a detailed report of my total compensation, I know that I would look at things very differently.
Do you believe your benefits are worth it?

How much do you think your organization is contributing?

TNS Consulting Team (via Scott Spayd)

About TNS Consulting Team (via Scott Spayd)

Great companies know that it takes highly engaged employees to retain customers and make their brand promise come alive. To make the connection between your employees, customers and brand, you need a partner with deep expertise across several areas. Only KANTAR TNS has over two decades of employee survey experience, as well as access to the consultative and research resources of the world’s largest customer satisfaction benchmark database and brand analytics research. Whether you have 200 employees or 200,000, Kantar TNS has the expertise and the advanced measurement, reporting, and follow up tools you need to deliver on your employee and customer brand promise.

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